by winston » Mon Apr 10, 2017 9:21 am
SENTIMENT INDICATORS
VIX: 12.87; +0.48
VXN: 13.49; +0.76
VXO: 11.66; +0.35
Put/Call Ratio (CBOE): 0.95; +0.05
Bulls and Bears: Bulls jumped back up to the higher end of the range after a week of market doubt. When the market did not plunge farther off that nasty Tuesday break lower a couple of weeks back, confidence stabilized.
Still cannot forget the 7 weeks over 60%, however, and that is still lurking out there and is historically a market top indicator, just not a timing indicator. Don't forget those 60+ readings in the equation.
Bulls: 55.8 versus 49.5. After a panic week, bulls rebound.
Bears: 18.3 versus 18.1. The bear rose as well but that means they were more bearish, moving the opposite direction in terms of the view of the market.
Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"