Monday, May 20, 2019

#S&P500 Review $SPX $SPY

SP 500 Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.


Subscriber Comments

US stocks are declining, but the computer is saying optimism is crashing. The Matrix reports various aspects of sentiment from line 54 to line 63, column AH. And, let's not forget confidence line 103. The first two measures, line 54 and 63 represent short- to intermediate-term measures of confidence, while line 103 is longer term and the driver of markets. With that said, if you're standing with the majority, whom is now turning pessimistic/bearish, you're likely on the wrong side of the trade because they're horrible at timing. How pessimistic with things get before stocks bottom? We'll see. Computer has flagged a turning point in May, so find your reversals and watch the majority get it wrong.

S&P 500 Alignment
Alignment of US stocks since 1950

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.