Market Pulse on October 23rd

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3465,39 +11,90.

The stock market traded in a quiet range Thursday and Friday, continuing to work out its overbought conditions as internal momentum continues to be supportive. Most of our indicators are hovering around the neutral level. The stock market is stuck in a wait and see mode awaiting new impetus ahead of the announcement of an eventual stimulus package, earnings release, the election and the surge of the number of cases reported around the world of the coronavirus.

Very short term oscillator Negative -
Short term oscillator Negative -
RVI trend Negative -
Trend short term (5 days) Down
Trend mid term (8 days) Down
Differential of trends Down
Risk profile 60 (scale of 1 (low risk) to 100 (high risk))

A lire aussi...