The Patterns of History continue to Play Out on the SP500. | Why Sentiment Doesn't Change Macro. - YouTube

Prediction   #indicator #goldencross #paniceuphoriamodel #bearish #sp500  

Why these seemingly bullish readings of these #indicator s may be #bearish to #SP500:

• #GoldenCross of 50DMA above 200DMA happened recently with #SP500, however, examining data from 1960s to 2020s, this signal had only about 50-60% rate of successfully predicting bull market.
• SentimenTrader.com’s version of the #PanicEuphoriaModel is showing an extreme low reading, but history data show that extreme bearish sentiment reading does not necessarily mean #SP500 has bottomed, because it does not change macro-economic numbers. Predicted By Game of Trades.