S&P 500 3319,47 -37,54.
The bubble on some hot stocks has started to deflate and our risk profile index improved somehow, getting out of the red zone but there is still ample room ahead. Put/call ratios stand at a more neutral level with some hedging activity appearing to the surface. The cumulative advance/decline line is weak and trending down. It is interesting to observe over the next few days how any sector rotation may take place and if the relative strength of laggard stocks and sectors improves.
Very short term oscillator | Negative - |
Short term oscillator | Negative - |
RVI trend | Negative - |
Trend short term (5 days) | Down ![]() |
Trend mid term (8 days) | Down ![]() |
Differential of trends | Down ![]() |
Risk profile | 66 (scale of 1 (low risk) to 100 (high risk)) |