A reflex rally in Wall Street after two days of selloffs. We observed bargain hunters stepping into the market as measured by our buying/selling index whereas options traders have increased their exposure in puts to protect their positions. Breadth closed on a strong note, 3079 stocks advanced compared to 1266 that settled down. It is interesting to note that the survey among active portfolios managers still points out to a high exposure of stocks in their portfolios 

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	55 (scale of 1 (low risk) to 100 (high risk))