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Twitter Sentiment in a Triangle

The Downside Hedge Twitter Sentiment Indicator for the S&P 500 continues to paint a triangle pattern showing uncertainty in the market.  As the market moves higher twitter sentiment is compressing and showing a negative divergence with price.  It continues to stay below zero which is net negative for market prospects going forward.  On the positive side sentiment rose today even as the market sold off hard.

 

 

 

 

 
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