The stock market tried to stabilize after the previous day’s rout, bulls and bears struggled fiercely during the trading session. Some of our indicators have flashed a buy signal: our 10 ten day buying/selling index, our fear/greed index, our capitulation index and two of the most important put/call ratios. The weekly sentiment survey among private investors, as mentionned in our previous comment also sent a buy signal yesterday. As selling pressure abates, we may expect the stock market to rebound in the trading range that has been set up lately between 2800 and 2950-3000.