First day with some pessimism
Thanks to an intraday reversal, today was the first day in over a week with even one of our core indicators showing pessimism. It's fairly rare to see a full week go by with no indicators showing pessimism. According to the Backtest Engine, out of the 84 days when this has been the case, the S&P showed a negative return sometime between 2-8 weeks later after 70 of them, or in 83% of the cases.
