Market Pulse on July 20th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4323,06 +64,57.

Bargain hunters stepped agressively into the market after Monday’s swift selloff. This is confirmed by some of our indicators measuring market participants activities like our buying/selling index or our capitulation index. Breadth recovered: 3377 stocks advanced compared to 785 that settled down. Volatility may continue to be the name of the game in this summer period.

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 Down
Risk profile6 53 (scale of 1 (low risk) to 100 (high risk))

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