Almost none even remotely believe this is the start of a bear market.
Market sentiment
#1
Posted 09 February 2018 - 11:06 AM
#2
Posted 09 February 2018 - 02:05 PM
Short trade is over for the week, sentiment was leaning bearish. They have to keep the hope going into the close.
Maybe gap down and run Monday.
#3
Posted 09 February 2018 - 02:14 PM
Looks like I'm going to have to hedge some more because of the VIX divergence.
#4
Posted 09 February 2018 - 02:32 PM
Added to short, too late for hedging.
#5
Posted 09 February 2018 - 03:27 PM
Looks like 2600 is resistance now. I think this bounce was 2 of 3 of 1.
#6
Posted 09 February 2018 - 04:04 PM
Volume was rising near the lows, the turn was just short covering ahead of the weekend. Now we have an ABC complete
off the lows. Expecting a gap to the lows and run Monday.
The VIX divergence is gone now.