Market Pulse on April 27th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2669,91 +2,97.

The stock market closed almost unchanged before the week-end, it looked like a typical summer trading session. Most of our indicators closed around the neutral level. The market may continue to trade in a tight range with a test of the upper boundary around 2700. The good news comes from the cumulative/advance decline line that closed not far away from an all time high which means that internal momentum is strong and that a long bottoming process is still underway.

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