The stock market recovered from an oversold situation we mentionned in our previous comments. Our ten day oscillator based on the advance/decline line recovered and still has some room to improve. It will be interesting to watch internal momentum over the next few days as the cumulative/advance decline line has suffered recently. The list of stocks hitting new highs versus new lows has to be monitored also closely. Activity in the option market was fairly neutral Friday.

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	58 (scale of 1 (low risk) to 100 (high risk))