The stock market closed the week slightly lower on negative breadth: 1292 stocks advanced compared to 2802 that settled down. Hedging activity improved somehow as options traders were less euphoric on chasing calls. Nevertheless, our ten day oscillator on our fear/greed index points out to the highest level of greed in the market for the last few months. The market is losing momentum as our short-term trading model has started to turn down on some of its components. The risk profile index improved slightly.

Very short term oscillator	Negative -
Short term oscillator	Positive +
RVI trend	Positive +
Trend short term (5 days)	Down ​​
Trend mid term (8 days)	Up ​​
Differential of trends	Up ​​
Risk profile	81 (scale of 1 (low risk) to 100 (high risk))