Market Pulse on June 1st

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3055,73 +11,42.

The S&P 500 retested successfully the 3000 support level before rebounding despite increased tensions between the US and China and the riots in the USA. The internal situation of the stock market points out to renewed optimism from traders who are eager to play the upside of the market by buying agressively calls, the sentiment of market participants has ceded the place from fear to complacency, as measured by one of our sentiment indicator that reached the highest level since February, this a little bit worrying.

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