At the start of March, our market sentiment indicator of S&P500 Energy stocks has started to turn Bearish. See how all these stocks start to turn their trend since early March. Most are falling madly now.
Avoid all energy related stocks now! And do take note of our daily market sentiment indicator of the market and sectors everyday. If NYSE stocks starts to turn bearish, get out of market immediately. Now it still remains bullish. But take this S&P500 Energy Sector as a lesson!
Regards
Daniel
