Sentiment May 5
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 more bullish
CPCE complacent
Dow below Dec low
NAAIM more bullish
NDXA20 hitting 85
NYMO hitting 87
VIX down
Seasonality - May may be more equivocal between buy and sell
Conclusion: sentiment overheating, but price uptrend still strong, tread carefully