AllTechnical Analysis
logoArgusApril 06, 2021

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term

One of our many inputs for analyzing the stock market (and at one time, one of our favorites) is market sentiment. But if you read Market Movers on a regular basis, you might have noticed that we have talked about only one sentiment indicator in months. Why? Because, in general, sentiment has been off-the-charts bullish according to many indicators (put/call ratios for one), some going back to the middle of 2020. When trading, one must always use a stop-loss -- and it's no different with technical analysis: when one a tool stops working, put it aside and cut your forecasting mistakes.

Subscribe to Yahoo Finance Plus Essential for full access
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Try it Free