SPX S&P 500

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.

Click to enlarge

I’ve got some skin in the game, and want a bearish move in the short term, a bullish scenario – long-term.