S&P 500 4201,62 +34,03.
The picture is still the same, The Dow jones Industrials is leading the pack and the Nasdaq is among the leading loser. This is confirmed by internal momentum as measured by the cumulative advance/decline line and the list of stocks hitting new highs and new lows. On the Nasdaq, the list of new lows is expanding, a warning sign. Options activity is rather balanced between bulls and bears whereas the weekly investment survey assessing the opinion of private investors points out to a lot of optimism among this category of investors with a bull to bear ratio above 2. Our short-term trading model is getting churned by the whipsaws of the market.
Very short term oscillator | Negative - |
Short term oscillator | Positive + |
RVI trend | Positive + |
Trend short term (5 days) | Up ![]() |
Trend mid term (8 days) | Up ![]() |
Differential of trends | Up ![]() |
Risk profile | 68 (scale of 1 (low risk) to 100 (high risk)) |