market is up 10% from lows...bull/bear sentiment indicator is getting bearish...bear sentiment low...whe n it gets to low 20s it is a market top...bull sentiment needs to go above 50% to be aproaching danger zone... this is one of the best indicators.Market has always tanked when bull sentiment is over 60%....wish i could get historical charts for it cause it is never wrong...
Actual Position & Market Opinion Poll for Monday, 5/19/8 after the close on Friday... What is your actual position? Fully Long 5.71% Partially Long 14% Flat 20.00% Partially Short 5.71% Fully Short 31.43% What is your opinion for Monday? I'm Bullish 20.00% I'm Neutral 28.57% I'm Bearish 51.43% I'm not so sure the retail traders are there yet.