S&P 500 3694,62 +47,13.
After 4 days of slight decline, the stock market advanced on strong volume and solid breadth: 3056 stocks advanced on the NYSE compared to 952 that declined. Options traders were again buying calls ahead of the Fed meeting. Our short term model turned up again.
| 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 | 79 (scale of 1 (low risk) to 100 (high risk)) |