Posts Tagged ‘ low point ’
We currently see a market trend rebound. SentiTrade’s 38 day moving average yesterday crossed above the 200 level for the first time since June 9th 2011. Interestingly, the DAX accomplished the same, the day before yesterday.
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Tags bull bear psychology - corrective waves - crowd psychology - dax index - investment strategy - low point - market trends - pattern recognition
On Tues. last week (Nov. 22nd) the SentiTrade Quotient reached a new YTD low of 0,39, see below chart. At the same time the SentiTrade volatility index rose with 3% to above 87% so unfortunately, everything speaks for a continued race to the bottom. However… Read more
Tags crowd psychology - dead cat bounce - low point - market psychology - market sentiment - sentiment volatility - Xmas Rally
The current situation is frequently compared to the Lehman days. At SentiTrade, we looked a bit further into the data from 2008/09 and identified an interesting trend pattern. Once a downward sentiment trend reversed 15% from its low point, one may identify a positive change in market psychology. As for the Lehman scenario, we reached a low SentiTrade moving average of 0,48 on Dec. 11th 2008. Read more
Tags Greek default - Italian default - lehman - low point - sentiment data - trend detector - trend pattern
