Sentiment April 9

Before market topped:

  • Copper strength
  • Gold and silver strength
  • Yen weakness
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SPY dealer greeks - bullishness building

CPC skyrocketing

Dow rejecting Dec low

NAAIM more bearish

NDXA20 oversold

NYMO hitting -90

VIX retesting huge spike

Seasonality - April supposed to be very bullish, now major deviation from the script

Conclusion: another short-term bounce incoming with TRIN 2.5, ISEE 102, but if bounce fails it will be a very very bad sign