Sentiment gauges retreat a small amount under trade tension
Short term sentiment pulled back this week a touch. The CNN Fear greed index is neutral at 57.
“Last week the NDR short term sentiment hit 85, and this week it came in at 66. It remains in a sell
Long term sentiment remains too bullish. The Investors-Intelligence bulls/bears remains negative, at 52 bulls and 17% bears. NDR crowd sentiment is up a touch to 68. Each remains in a negative position.”