S&P 500 4655,27 +60,65.
After Friday’s selloff, bargain hunters stepped into the market as measured by the activity in the options market where we observed heavy buyings of calls. Breadth closed barely positive: 2367 stocks advanced compared to 1906 that settled down. Osillators based on internal momentum have entered into the oversold area although most of our indicators still have room to improve in this unstable environment.
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 | 66 (scale of 1 (low risk) to 100 (high risk)) |