The Weekly Market Sentiment Report: 11th November - 15th November 2024

The Weekly Market Sentiment Report: 11/11/2024 - 15/11/2024

CONTENTS

• EVOLUTION & NATURE OF THE REPORT

• ECONOMIC CALENDAR

• MARKET SNAPSHOT

• SPOTLIGHT

  • THE COT REPORT STRATEGY

  • PUT-CALL RATIO SENTIMENT INDEX

  • THE GAMMA EXPOSURE INDEX

  • THE MOVING AVERAGE PERCENTAGE INDEX

  • THE RSI PERCENTAGE INDEX

  • EQUITY YEARLY MILESTONE INDEX

  • VOLATILITY INDICES

  • THE AAII INVESTOR SENTIMENT SURVEY

  • THE ISM PURCHASING MANAGER’S INDEX (ISM PMI)

• THE COT REPORT STRATEGY TRACK RECORD

• CORRELATION HEATMAP

• RECENTLY CLOSED OPPORTUNITIES

• DISCLAIMER

EVOLUTION & NATURE OF THE REPORT

New sentiment models are constantly added while taking into account their overall utility. Feel free to leave a feedback (e.g. nature of the document, its usefulness, its time interval, its content, language, etc.).

The directional views are represented using the following convention and are followed by their charts:

⚡ This symbol represents a new directional opportunity.

🔁 This symbol represents an on-going directional opportunity.

✅ This symbol represents a recently closed opportunity at a profit.

❌ This symbol represents a recently closed opportunity at a loss.

⛓️‍💥 This symbol represents a neutralized opportunity before seeing its target due to new conflicting technical elements (if the view is neutralized at a loss compared to its entry price, it will be considered as a loss and will have the symbol from the previous step).

The directional views presented must simply be used to help confirm the overall expected direction of the analyzed market. The support and resistance zones are not hard levels, they are merely areas of expected reactions (reversals), and hence for risk management purposes, you are advised to place your stops as you see fit (some noise may occur around the support and resistance levels).

If you want to see more explanatory details on the report, you can refer to the following post:

ECONOMIC CALENDAR

An economic calendar is a tool used in finance and economics to track and display upcoming economic events, announcements, and indicators that are relevant to the financial markets and the broader economy. The following shows what to expect for the coming week:

MARKET SNAPSHOT

The below table summarizes the weekly changes of some of the key markets:

SPOTLIGHT

The following summarize the key points you need to know for the report:

🗞️ Donald Trump’s election victory should give equities and cryptocurrencies a boost in the coming weeks. Focus on bullish signals of these two asset classes.

🗞️ Even with BTCUSD and ETHUSD reaching their targets, the bullish bias remains on both.

🗞️ The VIX finally recognized the resistance area and shaped a solid reversal after the S&P 500 skyrocketed following the US elections. Still looking for lower VIX values.

🗞️ COCOA is showing an interesting sentiment and technical configuration.