Week 22: Strong Bearish Projection
The slight bullishness of last week turned out to be incorrect as the S&P500 ended down 2.78 points for the week. This week however is showing a relatively strong bearish sentiment:
Would you guess that the S&P 500 index will move higher or lower next week? (from Monday’s open to Friday’s close; February 24-28)
Higher: 41.2%
Lower: 58.8%