Sentiment – Page 3 – Four Dimension Trading

Gold Topping Process – Part Two – 09/12/24

The 09/05//24 blog “Gold Topping Process – 09/05/24” noted “Gold in U.S. dollars could soon make a new all – time high in the area of 2,540 to 2,550”. Today 09/12/24 Gold in U.S. dollars (XAUUSD) made a new all-time high at 2.560.16. The weekly Gold chart courtesy of Trading View updates the long-term action.Continue reading “Gold Topping Process – Part Two – 09/12/24”

Gold Topping Process – 09/05/24

Gold in U.S. dollars could soon make a significant peak. The 08/25/24 blog “Gold Update – 08/23/24 noted. “If Gold can move above its current all-time high set on 08/20/24 the rally may not last very long or go very high.” On 09/05/24 Gold in U.S. dollars (XAUUSD) appears to be poised to move aboveContinue reading “Gold Topping Process – 09/05/24”

Super Bearish Message from Gold and Silver

The 07/21/214 blog “Bearish Message from Gold and Silver” noted considerable evidence that both precious metals could soon begin a multi-week decline. Since then, Gold (XAUUSD) has exceeded its mid – July 2024 peak, while Silver (XAGUSD) continues to lag on the upside. A severe downward shift for both metals could be imminent. The weeklyContinue reading “Super Bearish Message from Gold and Silver”

Huge VIX Spike Up – August 2024

Did the gigantic S&P 500 Volatility Index (VIX) move up on 0/05/24 signal a significant bottom? The weekly VIX chart courtesy of Trading View gives perspective to the huge spike. On 08/05/24 VIX reached 65.73 which is second only to what happened in the March 2020 stock market. The big difference is that in MarchContinue reading ” Huge VIX Spike Up – August 2024″

S&P 500 – Bullish Sentiment Extreme – 06/21/24.

Sentiment indicators measure trader/investor belief in market/ stock direction. They are generally viewed as contrary indicators. Extreme high bullish sentiment relates to tops, extreme low bullish sentiment with bottoms. Polling market participants is one way to measure sentiment. Market Vane Corporation – Bullish Consensus measures futures market sentiment by following the trading recommendations ofContinue reading “S&P 500 – Bullish Sentiment Extreme – 06/21/24.”

Using VIX to Find S&P 500 Bottoms

Upward spikes of the CBOE Volatility Index (VIX) usually correspond to significant S&P 500 (SPX) bottoms. The big question is how large of a VIX upward spike? The size of a VIX spike varies depending on the nature of the SPX decline. For the current SPX decline that began on 03/28/24 the Relative Strength IndexContinue reading “Using VIX to Find S&P 500 Bottoms”

Two Characteristics of a High Probability Winning Trade

One market currently has two factors that strongly imply at least a one-month bull run. That market is Soybeans. Most of the information about the current Soybean bullish set up comes from a recent interview with the legendary trader, author, and market analyst Larry Williams. The weekly continuous Soybean chart courtesy of Barchart.com illustrates theContinue reading “Two Characteristics of a High Probability Winning Trade”

U.S. Stock Market Sentiment – 03/08/24

Market sentiment indicators measure the emotion of the mass mind. Current sentiment readings for the U.S. stock market imply a major top could be forming. Market sentiment can be measured by polling and actions taken by market participants. One organization that conducts market polling is Market Vane Inc. The Bullish Consensus number is derived byContinue reading “U.S. Stock Market Sentiment – 03/08/24”

Surprising News!

Today 02/13/24 the monthly U.S. CPI report was released and the numbers where higher than expected, triggering a large selloff for U.S. stocks. For those who recently went long U.S. stocks this news was probably an unpleasant surprise. Powerful signals from U.S. stock market sentiment and momentum indicators have been bearish for several weeks. PerhapsContinue reading “Surprising News!”

U.S. Stock Market Momentum and Sentiment – 02/09/24

On 02/09/24 the S&P 500 (SPX) and Nasdaq Composite made new post October 2022 rally highs. Momentum and sentiment readings were extremely bearish suggesting an approaching decline for U.S. stocks. The daily NYSE – 52 – week high ($MAHN) chart courtesy of Barchart.com illustrates internal momentum for the U.S. stock market. As the stock marketContinue reading “U.S. Stock Market Momentum and Sentiment – 02/09/24”