Market Pulse on October 13th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4363,8 +13,15.

Over the last few days, the stock market whipsawed on a weak mode. In a context of inflation that may last longer than anticipated, there are some signs that the market is trying to establish a kind of bottom that may lead to build a large trading range over the next few weeks. Options trading is rather neutral and internal momentum measured by the cumulative advance/decline line and the list of new highs/new lows is still weak.

Very short term oscillator Negative -
Short term oscillator Negative -
RVI trend Negative -
Trend short term (5 days) Down ​
Trend mid term (8 days) Down ​
Differential of trends Down ​
Risk profile 51 (scale of 1 (low risk) to 100 (high risk))

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