Sentiment Jun 9

Market has bottomed on April 7:

  • ZN bottomed on Apr 11, now approaching the bottom again
  • Copper on April 7
  • Gold on Apr 7 and topped on Apr 22
  • Silver on Apr 7 and topped on Apr 25
  • USDJPY bottomed on Apr 22, same as DXY

DG less bullish

CPCE flat

Description of the image

Dow above Dec low

Description of the image

NAAIM bullish

Description of the image

NDXA20 making double top

Description of the image

NYMO negative

Description of the image

VIX down

Description of the image

Seasonality - May may be more equivocal between buy and sell

Conclusion: sentiment equivocal