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I noticed that the SP futures have finally pulled all the way back to where
they broke out from in October!! Thursday it just touched on the line. Now
it's trying to bounce.
A couple people have mentioned sentiment as a contrary indicator. I've found
that the numbers in the IBD are pretty good for this. Unfortunately I
canceled my subscription, does anybody happen to have their current
bull/bear sentiment?
In this context a low high bearish/ low bullish reading would lead me to
think the bounce could continue.
Enjoy the gif -
phil
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