It has been around a year ago since I last updated this blog, sorry about that! An excuse, perhaps bad one but non the less, is that I have been extremely busy the latest year (and still is as a matter of fact..).
There is an upcoming competition called Sijoittajamestari http://www.sijoittajamestari.com and I have promised to blog during this time. Unfortunately, I will be writing in finnish though the coming ~4 weeks.
But I’ll update some charts, market sentiment and some other stuff. Perhaps also block trades if I have time to do some data mining.
It has also not been much to write about when the market has been going straight up, quite boring if you ask me. Looking at price action only, on a weekly SPX chart it is reminding of a “rounded top” building up but that is another story to be told a bit later on… 😉
First off, below some updated bull vs. bear market sentiment charts.
The chart above is new and is showing correlation between previous week SPX close and previous week aaii sentiment poll. Well, you be the judge..
Some bearish sentiment building up but I wouldn’t make any trading decisions based on solely the above.
