Short covering, window dressing at the end of the 3rd quarter and a potential pandemic relief bill proposed by the Democrats helped lift prices out of an oversold situation among some of our indicators. Breadth was very strong: 3262 stocks closed up on the NYSE whereas 638 settled down. This market action helped the cumulative advance/decline, that suffered recently, to recover. Options traders were active and again eager to buy calls. Most indexes and stocks stopped around their 40 day moving average, a level observed by many chartists and traders.

Very short term oscillator	Positive +
Short term oscillator	Neutral
RVI trend	Positive +
Trend short term (5 days)	Up ​​
Trend mid term (8 days)	Up ​​
Differential of trends	Down ​​
Risk profile	55 (scale of 1 (low risk) to 100 (high risk))