The Weekly Market Sentiment Report: 5th March - 12th March 2023
The Weekly Market Update: 05/03/2023 - 12/03/2023
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
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
More confirmed bullish sentiment on the S&P500 coming from the Artemis indicator. The bullish bias remains.
Bullish bias on the AAII.
The CFTC released more data but is still having issues with the COT data at the moment.
The Bitcoin model is not showing any signals at the moment.
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.
A new bullish signal has appeared. 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.