Author: Brad Lamensdorf

The short-term CNN Fear &Greed Index is at an oversold 10, which is signaling a market bounce, from a contrarian point of view. The Ned Davis Research short-term sentiment indicator has pulled back to 33, which is also on the oversold side. The Intermediate-term sentiment indicators are not quite as easy to read in terms…

The CNN Fear/Greed is at a bullish 17, signaling the market should go higher for the short-term. Ned Davis Research (NDR) short-term sentiment at 39 remains bullish but not quite as bullish as a week ago when it was at a very oversold 20. Intermediate sentiment indicators are on the bullish side but not quite…

Historically reliable sentiment gauges we use as contrarian indicators tell us the equity markets are headed for some profitable upward bounces, particularly for the near term. The CNN Fear/Greed Index at 8 and the Ned Davis Research (NDR) short-term sentiment at 25 indicate the markets are oversold. Intermediate-term indicators are also adjusting downward suggesting upward…