Trend remains up but this sentiment gauge is one reason to
remain realistic. I view sentiment as a secondary indicator
to price (most important) and may simply suggest short term getting
a little frothy. Again, focus on price action and trade
what's in front of you first and foremost. As yet, we are
still in uptrend (higher highs and higher lows)
Longer term view (link below with explanation of the gauge)
Citi Panic/Euphoria Indicator (Meisler)
Posted by steve on 30th of May 2020 at 12:04 pm
Trend remains up but this sentiment gauge is one reason to remain realistic. I view sentiment as a secondary indicator to price (most important) and may simply suggest short term getting a little frothy. Again, focus on price action and trade what's in front of you first and foremost. As yet, we are still in uptrend (higher highs and higher lows)
Longer term view (link below with explanation of the gauge)
https://www.screencast.com/t/qJ14L0Ivqk2
Steve - That means we
Posted by ssaffer on 30th of May 2020 at 12:32 pm
Steve - That means we are in the midst of another Tulip bubble.