The stock market traded most of the day flat before jumping towards the close, breadth continues to be strong: 2896 stocks advanced compared to 984 that settled down, reflecting the larger participation of sectors since 3 weeks. We observe some deterioration among our sentiment indicators, putting into evidence that market participants are more and more willing to take risks by buying calls options, as an example. Others are approaching the levels reached end of January, early February. Our trend following model is overbought with the recent acceleration of prices.