We had big news this week as our Psychology Composite moved from P5 into the green zone - now at P3. If you missed our post discussing this on Wednesday, be sure to read it by clicking here.
This week, you can see very obviously in the chart below, that "dumb money" equity option players have become very bearish, switching drastically from their bullish position in February.
Also, while insiders were selling in February, they're now buying!
Next, one of the biggest missing links right now comes from the Rydex Ratio. However, the Rydex traders are starting to run for cover, and they have a history of flipping fast when they flip.
Have a great Memorial Day weekend!
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