The extremes continue to get more extreme.....
Bottom Line - The trend remains up, but the Risk is very high now........
SentimenTrader
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@sentimentrader
2h2 hours ago
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Our Intermediate Term Optimism Index's 20 day average (a sentiment indicator) is extremely high.
When it was this high in the past, $SPX fell 73% of the time 1 week later, and $VIX jumped 82% of the time 2-4 weeks later
https://twitter.com/SentimenTrader
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