Market Pulse on November 17th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 3609,53 -17,38.

A day of consolidation in Wall Street with some profit taking but no real selling pressure as measured by our buying/selling index on the NYSE and on the Nasdaq. Most of our indicators are still hovering in the very overbought zone and some consolidation/correction process is still needed to work out this situation.

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

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