The stock market rebounded swiftly, closing just below the 40 days moving average. It will be interesting to observe if the traditional year end liquidity’s effect lift prices over the the next few trading sessions. There are 9 important trading sessions until the 17th of December that marks the last expiration date of options and futures of the year. Usually, liquidity dries up thereafter. Breadth closed on a strong note: 3181 stocks closed up compared to 1154 that settled down but, we remind that the cumulative advance/decline line has suffered a lot during the previous trading sessions. Options traders were rather cautious and still enclined to hedge their positions.

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