The Weekly Market Sentiment Report: 12th February - 19th February 2023

The Weekly Market Sentiment Report: 12/02/2023 - 19/02/2023

Feb 12, 2023

∙ Paid

This report covers the weekly market sentiment and positioning and any changes that have occurred which might present interesting configurations on different asset classes with a specific focus on currencies. The below shows the table of contents of the report:

The Artemis Indicator: A Tactical Reversal Tool on the S&P 500
The White Index: The Bullish Continuation Indicator on the S&P 500
Vision: The Long Short Polyvalent Indicator on the S&P 500
Bitcoin Tactical Sentiment Index: A Short-Term Reversal Indicator on Bitcoin
The AAII: A New Comer to the Sentiment Indicators’ Party
The COT Meter: Simplifying the Commitment of Traders on FX
COT Pattern Recognition: Playing on Correlations on FX
Important Legal Disclaimer

Main points:

More confirmed bullish sentiment on the S&P500 coming from Vision to add to the already prevailing bullish sentiment given by the White Index.
No strong signals are shown from the enhanced AAII sentiment indicator other than a slight bullish bias on the S&P500.
The CFTC is having issues with the COT data at the moment with no releases since 24th, January. Expecting the issue to be resolved soon during which the COT forecasts will be published exceptionally on their own through this newsletter.
The Bitcoin model is not showing any signals at the moment.
A new indicator on the VIX will be added soon.

The Artemis Indicator

The Artemis Indicator is born out of a transformation of the put-call ratio, a sentiment indicator published by the CBOE which helps with predicting the S&P 500. It is a daily indicator.

The following Figure shows the recent signal chart.

Conclusion

At the moment, there is no new signal. This indicator is currently the protagonist of the report due to its success in predicting tops and bottoms.

The White Index

Long-only traders who like to time the dips and follow the upside trend (during a bullish market) should monitor the White Index as it has been specifically designed for this purpose.