S&P 500 2638,7 +5,80.
Although the stock market closed barely changed, intraday volatility was important, confirming that a correction/consolidation is in progress. The stock market continues to work out an overbought situation we measured through various indicators recently. This process may continue over the next few days. Daily sentiment indicators are neutral to positive and the weekly sentiment survey among private investors points out to a split view between bulls, bears and neutral.