A day of consolidation in a tight range, breadth closed slightly negative: 1814 stocks advanced compared to 2260 that settled down, our ten day oscillator based on the advance/decline still stands in the oberbought zone. Options traders are still agressively buying calls and put/call ratios have reached the lowest levels of the year pointing out to an excess of optimism and confidence in the future course of the market.

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