Market Sentiment

This is a little too in code for me to follow, still a beginner, but thanks!

 

Great, I had no idea what timeframe to go with on the indexes, so I just left it on one that was easy on the eyes until I get a bigger screen. But I'll switch to daily candles I guess? And I will check out that sentiment site too. Thanks!

 

%%
On a daily,52 week,2020 QQQ chart;
QQQ is mostly above 200 day moving average.[AKA =bull market]
What about march,QQQ, its below 200dm ? Fine if you like to get paid one month out of 9 months. go for that.
NOT a prediction + not a code.Took some tech profits today; but most likely scale in buy again tech ETFs today or this week.
CNBC + faKE NEWS is retail sentiment + hype, not as accurate as 200dma...………………………………………………………………………………………………………………………………..

 

Interesting. Why do you prefer using QQQ for market sentiment over the NDX or IXIC?

 

I have faced a lot of issues with the time frames many times while trying to invest in the indexes.