The stock market rebounded led again by some big name stocks. Breadth wasn’t impressive on the NYSE (2163 stocks up, 1735 down) and even less on the Nasdaq (1702 up 1707 down). The cumulative advance/decline line will have at a certain point to improve, a bull market can only be build on strong internal momentum. Activity in the option market was fairly neutral and some components of the model have started to improve.

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