S&P 500 3773,86 +59,62.
The stock market started the month of February on a strong note after last Friday’s selloff on strong volume and breadth: 3238 stocks advanced compared to 900 that settled down. The cumulative advance/decline line took a beating last week and it will be interesting to watch over the next few days how it rebounds and if it can recover rapidly to new highs. Options traders were back in their traditional game by buying calls aggressively. Most of our indicators still stand in the overbought zone and there is still a long way until they come back to the neutral level.
|Very short term oscillator||Negative -|
|Short term oscillator||Negative -|
|RVI trend||Negative -|
|Trend short term (5 days)||Down |
|Trend mid term (8 days)||Down |
|Differential of trends||Up |
|Risk profile||78 (scale of 1 (low risk) to 100 (high risk))|