Jump to content


Extreme sentiment and "Ringing Cycles"

  • Please log in to reply
No replies to this topic

#1 Rogerdodger



  • TT Member*
  • 24,652 posts

Posted 09 January 2018 - 05:44 PM

The last 2 weeks have caused AAII sentiment to reach new highs.

Previous readings led to more highs and only a brief correction or consolidation weeks later.


Additionally, earnings season is upon us. Will they sell the news?

I think not so much.




Meanwhile, a "ringing cycle" shows lows coming before the normal "Ides of March" correction.

One cannot discount the change in climate due to recent tax law changes, anymore than one could dismiss the November 2016 election.

Edited by Rogerdodger, 09 January 2018 - 05:49 PM.