A few bellwether stocks drove the Nasdaq sharply lower followed on a less dramatic way by other indexes. Overall, breadth wasn’t that bad: 1923 stocks advanced on the NYSE whereas 2053 declined. The weekly indicator among private clients continues to point out to a large majority of bulls with a bull/bear ratio of 1,78, hitorically in the top of the range. Options traders still favors calls, put/call ratios continues also to trade on the top of their range. In summary optimism and complacency are largely present in this market. 

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