The US stock market presented a mixed picture, depending which index we are looking at. Some closed sharply down whereas the Nasdaq finished up although breadth was negative. The S&P 500 closed off the lows of the day on some kind of support at 3150. Breadth turned negative as 1105 stocks advanced compared to 2796 that settled down. It is interesting to note that the cumulative advance/decline line on the NYSE is on the verge to turn down and to cross the moving averages. Sentiment indicators continue to paint a picture of complacency among market participants : daily put/call ratios, SKEW index and the weekly survey among professionals.

Very short term oscillator	Negative -
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	79 (scale of 1 (low risk) to 100 (high risk))