Since last Wed. jump of more than 300 points, the DAX clearly shows weakness again this week and has dropped below 6000. A single news story is capable of producing large swings within minutes, making it a challenge to consider what the average market psychology is at any given time. Shaky market conditions aside, we’ll dare the following projection for the next few days… Read more

Tags bear rally - market psychology - sentiment average - sentiment volatility - shaky market condition

Market sentiment update: Last weeks sentiment saw values consistently above the 0.62 mark, SentiTrade’s statistical average value. This reflected a general relief following the dramatic events of the past weeks. A minimum of volatility in the sentiment undoubtedly also contributed to a strong recovery in market prices and indicate a continuation of the upward from last year. For now, we therefore hold on to our long position as we see room for further market advances. Read more

Tags behavioral finance indicator - bull bear - dax index - sentiment analysis - sentiment average - sentiment volatility