Oil jumped 2.6% while Nasdaq 100 dropped 1.4%
The biggest move of the day came from oil with a 2.6% gain. Conversely, the Nasdaq 100 dropped 1.4% and its Trend Score fell by 11 points. Both S&P 500 and Nasdaq 100 show rising risk, while gold and oil face falling risk. Three tracked markets remain in the LONG state.
Written by AI (Google Gemini) from the model's numbers only. Every number in it is checked automatically against the calculation. Not investment advice.
Markets in this report
S&P 500
The price dropped 0.4% and the Trend Score weakened by 3 points to 66. Current volatility of 10% will rise to an expected 13.3%, which means risk is rising. The model stays in LONG, and a switch to cash would require the Trend Score to fall below zero.
Nasdaq 100
The price decreased 1.4% and the Trend Score fell by 11 points to 66. Current volatility is 16% and is expected to climb to 20.3%, so risk is rising. The model holds in CASH, and a switch to LONG needs volatility to fall below the current level.
Gold
The price increased 0.7% and the Trend Score ticked up by 3 points to -19. Current volatility of 20.9% will drop to an expected 20.3%, representing falling risk. The model stays in LONG, and a switch to cash requires risk to start rising again.
