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We have 8 bears v 5 bulls... Some of the bulls losing the stomach to go higher...
SignalCalc true to form leading the bulls againts Trader JR leading the bears.
Surprisingly whilst Mike is licking his wounds and now turned bullish, Oscar is turning mildly bullish. He might not like that so let's just say his 'less' bearish which is a more accurate reflection of his forecast.
Both the averages are bearish too. Trader and Buzzby with their last weeks calls have skewed the results imo but I have been known to be wrong on many occasions. No humble pie required. Just stating a statistical observation.
Thought rises were the high probability bet. What gets me is the speed of these rises. 70 pips last week. 43 pips this week. Then we have GS and JPMs talking about bubbles as markets make new highs. Who knows but they certainly don't?