S&P 500 3911,23 -4,36.
Although the stock market closed slightly lower, buying pressure continued to to be strong on the Nasdaq, as measured by our buying/selling index. Options traders are still active on the buy side as measured by put/call ratios. The picture is still the same: the market is overbought by many measures but internal momentum continues to be strong led by the cumulative/advance decline line.
|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||76 (scale of 1 (low risk) to 100 (high risk))|