Breadth & Sentiment Get Very Bullish

Breadth & Sentiment Get Very Bullish

In today’s daily stock market brief we look at the market through the lens of a bear. Both sentiment and breadth indicators reach extreme highs indicating most investors are very bullish. From a contrarian point of view, This makes me want to look at the technical analysis through the lens of a bear. Will the bears be right in this situation and see a market crash in 2020, or a stock market correction? Or will the bulls remain in control here and push the market to all time highs. In this show, I use technical analysis for beginners to understand. There is no need to overcomplicate thing in a complicated marketplace.

Stock Market Brief Chart Deck

Written by
Michael Silva