EMC Gestion de Fortune SA a développé, au fil des années, un modèle d’appréhension du risque sur le marché américain des actions baptisé : « Market pulse ». L’approche combine la finance comportementale, l’analyse des forces internes régissant l’offre et la demande, l’étude des cycles et des mouvements de prix. Ce modèle permet d’évaluer en permanence le risque global du marché sur une échelle de 0 à 100.
Friday 17th July 2026 (S&P 500 7457.69 -76.08)
The S&P 500 broke its 40 days moving average and the recent diagonal triangle it was in for the last 3 weeks. It may open up the door to the objective of the 7000 area we mentioned several times in our previous comments. Breadth closed negative: 1530 stocks advanced, 2920 declined. Options traders have become much more cautious lately as put/call ratios are jumping, we are far from the excess speculation we observed during the month of June. Our short-term trading model has turned down. Systematic traders who use the same kind of approach may liquidate their long positions and go short. Let’s follow closely the market over the next few days !
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 trend: down
Risk profile index: 52 (scale of 1 (low risk) to 100 (high risk))
Have a nice day!
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