Sentiment April 28
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 not topped yet
- USDJPY bottomed on Apr 22, same as DXY
DG equivocal
CPCE very complacent
Dow below Dec low
NAAIM more bearish
NDXA20 bouncing
NYMO plateau at 85-87
VIX down
Seasonality - April supposed to be very bullish, now major deviation from the script
Conclusion: Stocks bottomed, buy dips