Sentiment May 14
Suppose market has bottomed on April 7:
- ZN bottomed on Apr 11
- 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 bullish
CPCE complacent
Dow recovered Dec low
NAAIM more bullish
NDXA20 hitting 85 and curling down slightly
NYMO at bullish extreme
VIX down
Seasonality - May may be more equivocal between buy and sell
Conclusion: sentiment overheating even more, don't try to time the top, sell on the way up