Market Pulse on September 23th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2992,07 -14,72.

A quiet trading day in Wall Street with not many news to drive the market. We observed again some selling pressure on the NYSE which abated at the end of the session. The correction/consolidation is still going on. Most of the systematic trading models are on the verge to turn down which may drive some selling from the market participants using this approach although there is a scenario that calls for a test of the highs at 2040-50 before a more pronounced correction takes place. The risk profile index is hovering around the neutral level.

 

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