Market Pulse on June 18th

Olivier Rigot, EMC Gestion de Fortune

1 minute de lecture

S&P 500 4166,45 -55,41.

Selling pressure intensified during the last trading session of the week as measured by our buying/selling index. Our short term trading model turned down and the market is in a correction mode that should help to alleviate ist overbought status. Options traders started to buy puts to protect their positions as measured by put/call ratios. Breadth closed on a weak note: 1002 stocks advanced on the NYSE whereas 3170 settled down.

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 profile6 64 (scale of 1 (low risk) to 100 (high risk))

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