Some orderly profit taking in Wall Street, we observed some selling pressure as measured by our buying/selling index. 1014 stocks advanced on the NYSE compared to 2925 that settled down. The cumulative advance/decline line still has not recovered up to the highs of July and September which is a slight negative aspect of the recent advance of the market. Options trading was fairly neutral. The most interesting indicator of the day is the weekly survey among active professional portfolio managers: this category of investors is again very bullish and complacent, the indicator stands at the high of its historical range. For the first time of the year, private and professional managers share the same opinion over the future course of the market and both indicators closed at the highs of their range. We can conclude that market participants are over enthousiast and complacent according to market’s history. 

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	76 (scale of 1 (low risk) to 100 (high risk))