Weekly Market Sentiment Report 8th January - 15th January 2023
Weekly Market Sentiment Report 8th January - 15th January 2023
The Weekly Market Sentiment Report: 08/01/2023 - 15/01/2023
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&P500
Introduction to the Artemis Indicator
S&P500
Historical Track Record
The White Index: The Bullish Continuation Indicator
Introduction to the White Index
S&P500
Historical Track Record
Vision: The Long Short Polyvalent Indicator
Introduction to Vision
S&P500
Historical Track Record
The Inverted VIX: Seeing Divergence from Another Angle
Introduction to the Inverted VIX Strategy
S&P500
Historical Track Record
Bitcoin Tactical Sentiment Index: A Short-Term Reversal Indicator on Bitcoin
Introduction to the Bitcoin Tactical Sentiment Index
Bitcoin.
Historical Track Record
The AAII: A New Comer to the Sentiment Indicators’ Party
Introduction to the AAII Strategy
S&P500
Historical Track Record
The COT Meter: Simplifying the Commitmento of Traders
Introduction to the COT Report
The COT Meter
Important Legal Disclaimer
Main points:
The Artemis indicator, the star of the the forecasts lately, is not showing any signals at the moment.
The Bitcoin model is continuously scanning for new opportunities but considering the special volatility environment at the moment, the model is filtering the signals to get the best one.
No strong signals are shown from the AAII sentiment indicator.
The Inverted VIX is showing a bearish sentiment bias.
Added a new indicator called the COT meter which will gradually have more assets and will be more developed.
1. 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 can help with predicting the S&P500. It is a daily indicator.
The following Figure shows the recent signal chart.
The validity of signals is variable and depends on the appearance of a new signal.
Conclusion
At the moment, there is no new signal.
The next table shows the historical non-binding track record of the model using the back-testing rules described in the introductory post. Remember that past results are not representative of future results.
2. 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.
The following Figure shows the recent signal chart.