Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account


S&P 500 at Little Risk of Major Turn Lower

By , Quantitative Strategist
05 September 2013 14:30 GMT
ssi_SPX500_body_Picture_19.png, S&P 500 at Little Risk of Major Turn Lower

SPX500Retail speculators remain very net-short the SPX500, which tracks the fair value of the S&P E-mini futures price. A contrarian view of crowd sentiment favors further S&P 500 gains.

Trade Implications SPX 500 We wrote last week that stock markets were at a potentially pivotal turning point, and the fact that they’ve now turned higher suggests bulls remain in control. We’ll need to see a much larger shift in crowd sentiment and price before turning bearish on the S&P 500.

--- Written by David Rodriguez, Quantitative Strategist for

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at

Facebook at

provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from

05 September 2013 14:30 GMT