Most Bearish Market Posture since 5/11/22
Our market evaluation indicators see the most bearish posture of the Bears in a year. Will they make it work through Friday? For sure sentiment is at an extreme. A second important point is that stocks with strong technicals are acting the same as stocks with weak technicals today. So a few critical days coming up.
Below is my Canary stock index that made a new high on April 14th. It has a good record of showing the way forward. Updated at 1:16 PM today.