08 December 2016

Sentiment

NAAIM is back up around 100. The chart below is actually a week old but with the continued rally the reading will likely be higher this week.



The put/call ratio ema20 has worked it's way down to a level that has been seen at other market highs.


Rydex asset ratios (not shown) are still indicating conditions for a high.

The VIX is suitably low and touching the bottom Bollinger.


And lastly the CNN composite sentiment indicator is back up at excessively bullish levels, as you would expect given all of the above.




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