Market Pulse on October 7th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4399,76 +36,21.

The rally slowed down as prices hit the 40 days moving average. Breadth closed on a relatively strong note: 2938 stocks advanced compared to 1183 that settled down. Options trading was fairly neutral. The weekly survey among active professional portfolio managers is hovering around the neutral level. Overall, market action calls for a kind of trading range developing over the next few weeks.

Very short term oscillator Positive +
Short term oscillator Negative -
RVI trend Negative -
Trend short term (5 days) Up ​
Trend mid term (8 days) Up ​
Differential of trends Down ​
Risk profile 49 (scale of 1 (low risk) to 100 (high risk))

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