Strategy Development with the SPY Optimism Index (Optix)

On June 24, 2016, the SPY Optimism Index (Optix) indicator closed at 10, which is the lowest reading since Feb 11, 2016. For the SPY Optix, any reading below 20 is considered to be in ‘Excessive Pessimism’ territory. Since both Feb 11th and June 24th SPY Optix readings seem to offer very good ...

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