S&P Futures Chart $$ $SPY $SPX
This is a daily chart of the S&P 500 Futures.
Look at the lower boxes. In the lowest one it’s obvious that the small traders are unafraid! A potential contrary indicator right there.
Obviously, not something to base a decision on by itself, but combined with whatever else you’re tracking, might be helpful.
I’ve got some skin in the game, and want a bearish move in the short term, a bullish scenario – long-term.