The stock market continues to creep higher, led again by the same basket of stocks. Breadth on the NYSE and on the Nasdaq wasn’t that impressive: NYSE (2396 stocks up/ 1480 down), Nasdaq (1847/1546). The cumulative advance/decline is flat, confirming a narrow participation of stocks moving up. In the options market, put/call ratios reached again extreme as we observe traders continuing to accumulate calls to play the upside of the 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	83 (scale of 1 (low risk) to 100 (high risk))