Market Pulse on March 25th

Olivier Rigot, EMC Gestion de Fortune

1 minutes de lecture

S&P 500 2475,56 +28,23.

The stock market tried to follow through its previous day’s record advance before stalling towards the close. Some of our indicators have started to correct their extreme readings and are almost back to the neutral level like the CBOE put/call ratios as an example or the ten day oscillator based on the advance/decline line. The weekly survey among private investors points out to a high level of bearishness among this category of investors but bulls have’t capitulated yet.