Market Pulse on March 29th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2834,4 +18,96.

The underlying momentum behind this market is still very strong: over the last two days the number of stocks on the NYSE closing up surpassed the 2300 mark and the cumulative advance/decline recovered to the highs reached on the 22nd of February. Daily and weekly sentiment indicators are hovering around the neutral level which brought our global risk profile index to a fairly neutral level. There is still a scenario that the consolidation may continue for a while, especially for the Dow Jones Industrial index.

 

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