S&P 500 3748,14 +21,28.
A strange day for the democracy in the USA… In the stock market, sector rotation continues from tech to cyclicals and financials. Buying pressure settled at a high level as measured by our daily buying/selling index and our capitulation index. Options traders were again active, put/call ratios deteriorated sharply but internal momentum is still strong on a daily basis: 2653 stocks advanced compared to 1514 that settled down. The cumulative advance/decline line reached a new high and finally, the weekly investment survey among private investors point out to a decrease of the percentage of bulls although the bull to bear ratio is still elevated.
Very short term oscillator | Negative - |
Short term oscillator | Negative - |
RVI trend | Positive + |
Trend short term (5 days) | Up ![]() |
Trend mid term (8 days) | Up ![]() |
Differential of trends | Up ![]() |
Risk profile | 73 (scale of 1 (low risk) to 100 (high risk)) |