The sentiment readings move clearly into the right direction signaling capitulation mode but one of the best is the ISEE MA'S which are not where they are supposed to be yet. Also the VIX is a bit to reluctant should be rather close to 60.
Other Parameters to be watched from the astro side is the upcoming Full Moon on the Uranus /Saturn opposition 10th which should trigger a climax of the selling and we have the 19th March Armstrong date.
Between 10th and 19th (later more likely) we should have the overall turn but some area's will be earlier as at bottoms you tend to have intermarket divergence.
Excerpt
INVESTOR SENTIMENT READINGS
Other Parameters to be watched from the astro side is the upcoming Full Moon on the Uranus /Saturn opposition 10th which should trigger a climax of the selling and we have the 19th March Armstrong date.
Between 10th and 19th (later more likely) we should have the overall turn but some area's will be earlier as at bottoms you tend to have intermarket divergence.
Excerpt
INVESTOR SENTIMENT READINGS
High bullish readings in the Consensus stock index or in the Market Vane stock index usually are signs of Market tops; low ones, market bottoms.
Last Week | 2 Weeks Ago | 3 Weeks Ago |
Consensus Index | ||||
Consensus Bullish Sentiment | 19% | 21% | 23% | |
Source: Consensus Inc., P.O. Box 520526,Independence, Mo. | ||||
Historical data available at (800) 383-1441. editor@consensus-inc.com | ||||
AAII Index | ||||
Bullish | 18.9% | 24.3% | 21.6% | |
Bearish | 70.3 | 55.1 | 56.7 | |
Neutral | 10.8 | 20.6 | 21.6 | |
Source: American Association of Individual Investors, | ||||
625 N. Michigan Ave., Chicago, Ill. 60611 (312) 280-0170. | ||||
Market Vane | ||||
Bullish Consensus | 32% | 36% | 37% | |
Source: Market Vane, P.O. Box 90490, | ||||
Pasadena, CA 91109 (626) 395-7436. |
Citigroup Panic/Euphoria Model
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