ajtj99's Market Pulse

[Justa Werkenstiff]

Market; Short term sentiment is neutral. Have been a bit surprised by the fact that it has not hit extremes but this is opex so that may be a part of it. BUT I did not get extremes on the last bottom in May. I got B/S on that bottom and that is why I said we would be back down here in the future then. A little late, but here we are. So, my conclusion is that we could get another B/S bottom as folks have adopted a trading range mentality or we could get something better in here. I am leaning towards a B/S bottom as everything else other than short term sentiment is lining up. Weekly charts are lining up as well. Look at the weekly lower bb for the ndx at 1378 and look for other recent bottoms hitting that area too.