Market Pulse on March 9th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3875,44 +54,09.

Volatility is still the name of this game and certainly that some short sellers were caught off guard by yesterday’s rally on tech stocks that suffered heavily recently from the sectors rotation. This single day rally relieves also some pressure on some of our indicators that reached the oversold level. Overall, a mixed bag and there is one certainty: volatility will continue to drive the market…

Very short term oscillator Positive +
Short term oscillator Negative -
RVI trend Positive +
Trend short term (5 days) Up
Trend mid term (8 days) Up
Differential of trends Down
Risk profile 64 (scale of 1 (low risk) to 100 (high risk))

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