Market Pulse on August 18th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3389,78 +7,79.

Another summer doldrums trading day in Wall Street. A few tech big names helped the market achieves record highs although breadth closed negative: 1625 stocks advanced compared to 2251 that settled down. Options trading is still tilted toward calls buying by traders and daily sentiment measures are still pointing out to a lot of complacency from market participants.

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 74 (scale of 1 (low risk) to 100 (high risk))

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