Market Pulse on April 20th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2670.14 -22.99.

Over the last two trading days, the market retreated somehow without reaching our price objective at 2740-50. The latest price action confirms the scenario of a trading range that may continue for the forseeable future. In our previous comments, we mentionned the fact that our oscillators based on the advance/decline line reached the overbought status that has started to be worked out. Daily and weekly sentiment indicators hovers around the neutral level. 

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