Another strong day in terms of internal momentum on the NYSE ( 2562 stocks up, 536 down) and the Nasdaq. The 10 day advance/decline line has yet surpassed the highs of the summer and early fall. Most of our indicators stands in the overbought zone like our fear/greed index or our capitulation index, some kind of consolidation/correction would be welcome to correct some of the excesses. Options traders are again eager to buy calls agressively and put/call ratios have again deteriorated, putting into evidence some excess optimism from this category of market’s players.

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