S&P 500 3557,47 -24,33.
The stock market closed slightly lower, pursuing its consolidation process after the latest swift run up. Most of our indicators, daily and weekly sentiment, put/call ratios, internal momentum and models based on prices, are still very overbought and need some more backing and filling action, for eventually resuming the uptrend.
Very short term oscillator | Negative - |
Short term oscillator | Negative - |
RVI trend | Positive + |
Trend short term (5 days) | Up ![]() |
Trend mid term (8 days) | Up ![]() |
Differential of trends | Up ![]() |
Risk profile | 72 (scale of 1 (low risk) to 100 (high risk)) |