The stock market sold off at the opening following the weak activity in Europe before recovering towards the close. Breadth closed on a very weak note on the NYSE : 588 stocks advanced compared to 3414 that settled down. The cumulative advance/decline line continues to retreat and is back to the level of May. The Nasdaq 100 succeeded to close slightly higher, again led by the same big cap names although breadth put into evidence that only 665 stocks advanced on the Nasdaq whereas 2827 closed down. In summary, internal momentum is weak and only a handful of stocks are holding the indexes. Hedging activity improved somehow in the options market and the risk profile index is improving a little bit.

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