- The ISE Equity only 10 day moving average has started heading downward from the top of the page.
- The CBOE Equity only 10 day moving average has curled up from the bottom of the page (Please note a high ISE reading indicates heavy call buying, while a low CBOE reading indicates heavy call activity).
- The 30 Day moving average of the NYSE Advancers - Decliners has started heading down from the top of the page. .
- Rydex traders are about as bullishly positioned as they could possibly be. Unfortunately, I don't keep a chart as I view it on Sentimentrader.com, a paid site.
The Bear Case And The Bull Case: Part 1
I am going to start by making the bear case in Part 1 of this article, with Part 2 making the bull case.