Tuesday 6th April
New high this week for ES. Today heading up towards the 1190 target.
Sentiment:
AAII Bulls up from 32.4 to 41.3%; Bears down from 34.7 to 31.2%. Other public polls I follow have also shown increase in bullishness.
ISEE (equity only) index recorded five consecutive days above 200 with Monday at 276 which is an extremely high number (only one in my database which was higher and that was in October 2007). The 10dyma of this index hit a new high.
VIX today currently 16.5 which is very low looking back at range over the last two years.
I’m going over these numbers in more detail in the webcast tomorrow.