2023-04-11 23:46:00 ET
Summary
- SP500 Net Non-Commercial Futures established a new weekly record for the length of time it has averaged (negative) -200 with last week’s number of -321.5, more than 9 months of intense pessimism by this market psychology indicator.
- Market Psychology & Pricing Information Hierarchy is a schematic representation of how markets work.
- Most investors have shorter perspectives and need to be reminded of past instances where fundamentals like employment eventually emerged as the driver of equity prices.
For further details see:
S&P And Employment