The Weekly Market Sentiment Report: 12th March - 19th March 2023
The Weekly Market Sentiment Report: 12th March - 19th March 2023
The Weekly Market Update: 12/03/2023 - 19/03/2023
The weekly market sentiment report aims to show directional opportunities from another angle that is different to the mainstream forecasting techniques. It is not supposed to be a trading signals report but merely one that shows what sentiment models are saying.
Every week, key markets are analyzed using a selection of tools, strategies, and patterns developed on a proprietary basis. Refer to the table of contents below for more details. You may use this research as a decision-making aid but never as your sole driver to take on positions.
CONTENTS
EVOLUTION OF THE REPORT
ECONOMIC CALENDAR
THE ARTEMIS INDICATOR
THE WHITE INDEX
THE AAII
THE COT METER
COT PATTERN RECOGNITION
DISCLAIMER
EVOLUTION OF THE REPORT
This report will grow in time due to feedback and new techniques put into place. New techniques and strategies may be added or having their presentation changed so that everyone benefits from this report. Make sure you contact me for your feedback (i.e. nature of the document, its usefulness, its time interval, its content, language, etc.).
The changes implemented so far since the last few weeks are as follows:
Added the economic calendar.
Added the COT pattern recognition and the COT meter system
Grouped the COT meter system into one graph.
At the moment, the future changes over the coming months can be summed up as follows:
Adding much more COT sentiment market data on more markets.
Implementing a VIX strategy.
Implementing an advance decline strategy.
ECONOMIC CALENDAR
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
Bullish bias remains on the indicator.
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.