Market Pulse on March 13th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 2765,31 -17,71.

The stock market opened on a high note, touching new highs before retreating and closing near the lows of the day. This pattern may looks like a one day reversal and needs to be confirmed over the next trading sessions if it marks the beginning of a second downleg in a large correction that started early February. Daily and weekly sentiment indicators have to improve and, ideally, skepticism and doubts have to creep in investors minds.

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