Technical Talk: Sentiment still not overly bullish
The comments below were provided by Kevin Lane of Fusion IQ.
As seen in the graphs below, sentiment is still not overly bullish. While sentiment remains more neutral than bullish we expect prices to keep working higher (and corrections to be shallow) as it suggests investors still have more sideline liquidity available to purchase equities.
Source: Kevin Lane, Fusion IQ, December 15, 2009.
More on this topic (What's this?)
Bullish Technicals Forming In The Midst Of The Correction (Disciplined Approach to Investing, 9/10/15)
Neutral Sentiment Investors Are More Bearish Than Bullish this Week (Disciplined Approach to Investing, 7/23/15)
Market Outlook (Capital Essence's Investment Blo..., 7/14/15)
Performance Optimization WordPress Plugins by W3 EDGE