I think Rydex is dominated by amateurs.
Rydex Still Very Beared-Up
Posted 24 October 2022 - 11:55 AM
Posted 24 October 2022 - 01:11 PM
There has been some easing as the contrarian indicators have become less bearish over the last couple of weeks, but overall are still showing too much bearishness in the market among investors. My market strength indicators have also not yet bridged into bullish territory which would show underlying strength in the market has yet to materialize either, but the strength indicators continue to be close to indicating improved performance ( McClellan for instance ), but we are not there yet....