S&P 500 4544,9 -4,88.
The stock market is overbought by many measures : internal momentum, our ten day oscillator based on the advance/decline line and some put/call ratios that have deteriorated lately. A kind of correction/consolidation would be welcome short term to reassess our model to a better configuration.
| 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 | 71 (scale of 1 (low risk) to 100 (high risk)) |