The bullish sentiment is at 96% according to sentimenttiming.com/free/ That is short term bearish and the SPX hit the top of a potential expanding triangle. Short term drop to 1990-1970 would fit the price profile best-as the bulls still have the seasonality on their side.
After the quick expected drop to the target zone-Santa Rally should kick in and levitate the SPX again-into 2015. 2014 started off real bad and seeing that style tape would not be a suprise. But very choppy tape into spring. But with sentiment at such high levels-a drop should be pending. sentimenttiming.com/free/ is the source of the investor sentiment reading. Good luck
After the quick expected drop to the target zone-Santa Rally should kick in and levitate the SPX again-into 2015. 2014 started off real bad and seeing that style tape would not be a suprise. But very choppy tape into spring. But with sentiment at such high levels-a drop should be pending. sentimenttiming.com/free/ is the source of the investor sentiment reading. Good luck
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.