For the second day on a row, we observed heavy selling pressure on the NYSE (as measured by our buying/selling index) with little negative impact on prices which means that money flow is still ready to absorb any selling pressure without waiting for lower prices. This is a good news for the sustainability of this bull market. Our risk/profile index is still overbought and, ideally, should come back to the neutral level before the next upmove.

Next update Tuesday 23rd April 2019