Last week the markets continued their counter-trend advance towards what historically has been a Sell Zone within a downtrend.

Our sentiment market internal gauge has not confirmed that the wrong-way option traders have committed to this advance yet. The fact that there not could suggest a higher market still.

Markets could pull back without them being fully committed, but we would like to see them becoming more bullish to an extreme to give us a more reliable reversal signal.


lock

Sorry, this content is for members only.

Click here to get access.

 

Already a member? Login below

Email
Password
 
Remember me (for 2 weeks)

Forgot Password