S&P 500 3722,48 +21,31.
Another quiet trading session in Wall Street ahead of the last expiration of options and futures of the year. Breadth is still strong (2756 stocks up, 1253 down). Options traders are back and buying calls heavily. The SKEW index is still climbing and approaching the red zone. This leading indicator is usually peaking ahead of the market, it will be interesting to follow it closely over the next few trading sessions. The weekly index measuring the sentiment of professional active managers have been hovering above the 100 mark, the top of its historical range.
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 | 80 (scale of 1 (low risk) to 100 (high risk)) |