Thursday, February 25, 2016

Feb 25 - Bearish sentiment still very elevated

This might make it hard for the market to totally tank here for the intermediate term.  I personally would prefer more bears to capitulate to take on aggressive shorts.

Seems like yesterday was the sign of trend reversal for inflows into bearish funds.  Once this dips further I would feel more comfortable to short

 Would prefer the put call ratio MA move into the lower yellow bar

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