Market Pulse on November 11th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2572.66 +27,13.

Tech stocks recovered after having lost ground the day before whereas cyclicals digested its recent advance. The most interesting information from the market comes from the weekly sentiment indicators among private investors which point out to the highest bullish attitude among this category of investors since early 2018. Historically, at this level it is a sign of over confidence and may announce a period of correction/consolidation.  

Very short term oscillator Positive +
Short term oscillator Positive +
RVI trend Positive +
Trend short term (5 days) Up
Trend mid term (8 days) Up
Differential of trends Up
Risk profile 75 (scale of 1 (low risk) to 100 (high risk))

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