S&P 500 4300,46 -56,58.
Selling pressure resumed across the board although some of our indicators pointed out to some bargain-hunting activity on the NYSE. This means that any capitulation process has not started yet. Put/call ratios improved as traders are buying puts to protect their positions. Breadth wasn’t that bas as 1484 stocks advanced on the NYSE compared to 2775 that settled down, nevertheless, the cumulative advance/decline line continues to point south.
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 | 46 (scale of 1 (low risk) to 100 (high risk)) |