S&P 500 3398,95 -22,29.
A day of consolidation after the swift run up of the last few days. We observed some selling pressure towards the close as measured by our buying/selling index. Options traders are still eager to buy calls and put/call ratios are again trending to the lows of the trading range set up during the last few months. Breadth closed negative: 1286 stocks advanced compared to 2562 that settled down but the ten day oscillator based on the advance/decline line is still very overbought.
Very short term oscillator | Positive + |
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 | 73 (scale of 1 (low risk) to 100 (high risk)) |