A quiet trading day in Wall Street ahead of the Fed meeting, allowing the market to work out somehow its overbought conditions. Breadth closed slightly negative: 1528 stocks advanced whereas 2626 declined. We observed some selling pressure as measured by our buying/selling index. Options trading was fairly neutral. The closing Tick index has constantly closed in the green over the last few trading sessions, meaning that money is flowing into ETF’s and mutual funds. The VIX index closed below 20.

Very short term oscillator	Positive +
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	73 (scale of 1 (low risk) to 100 (high risk))