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Market Breadth Signals and VIX Pulses: The McClellan Oscillator has diverged from the S&P 500 at highs, with the VIX seeing a pulsatile surge, increasing short-term drawdown risk while medium-to-long-term recovery maintains probabilistic advantages.

Smart / Dumb Money Confidence

Smart Money Confidence: 65% Dumb Money Confidence: 46%

Risk Levels

Stocks Short-Term Stocks Medium-Term

Bonds Crude Oil

Gold Agriculture

Research

Market Breadth Signals and VIX Pulses By by Sentimentrader BOTTOM LINE The McClellan Oscillator has diverged from the S&P 500 at highs, with the VIX seeing a pulsatile surge, increasing short-term drawdown risk while medium-to-long-term recovery maintains probabilistic advantages. FORECAST / TIMEFRAME SPX -- Flat, Medium-Term

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Sentiment Risk On / Risk Off Overview

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Indicators at Extremes

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% Showing Pessimism: 21% Bullish for Stocks VIX Smart Money Confidence Inverse ETF Volume Short-term Optimism Index (Optix) VIX Term Structure Rydex Bearish Flow Equity Put/Call Ratio OEX Put/Call Ratio Risk Appetite Index Insider Buy/Sell Seasonally Adj Equity Hedging Index Mutual Fund Flow (no ETFs) CSFB Fear Barometer % Showing Optimism: 18% Bearish for Stocks Rydex Ratio Rydex Money Market % SKEW Index AIM (Advisor and Investor Model) Retail Money Market Ratio NAAIM Exposure Index AAII Allocation - Stocks NYSE Available Cash Equity / Money Market Asset Ratio Mutual Fund Cash Level

Phase Table

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Ranks

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Sentiment Around The World

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Optimism Index Thumbnails

Sector ETF's - 10-Day Moving Average

Country ETF's - 10-Day Moving Average

Bond ETF's - 10-Day Moving Average

Currency ETF's - 5-Day Moving Average

Commodity ETF's - 5-Day Moving Average