SPX MoMo
SPX MoMo
I (Volar) will get to some form of sentiment update this week.
However, first I would like to show you some analog momo years for the SPX.
Here is a large graphic that shows all (+) momo years for the SPX. By momo, I am using SPX/100sma FWIW.
Ths may be a bit of mental masturbation, but it certainly does not make one extremely bullish- or short-term bearish for that matter.