Thursday, February 19, 2015

This Remarkable Illustration Warns There Is Serious Turbulence Ahead For Major Markets

"A new worry is signaled from the spread between the bulls and bears which rose to 42.5%. That is up nearly 10% from the two prior readings of 37.3% and 32.7%. The difference is also just above the 41.5% that ended December and below the 42.7% spread from mid-November. Both were trading tops so concerns increase. Differences over 30% are a worry and above 40% signal major caution. At the mid-Oct lows the spread was only 17.1% and favorable for accumulation in a rising stock environment. In Aug-2013 it was 13.4%. The bears haven't outnumbered bulls (a negative spread) since October 2011."
King World News note:  See the remarkable illustration below which shows the stock market bulls outnumber the bears by one of the largest totals in the past 5 years!"
Sentiment ChartKWN II 2 2:18:2015

at http://kingworldnews.com/remarkable-illustration-warns-serious-turbulence-ahead-major-markets/

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