Intermarket structural analysis research
Quick measurements of the S&P500 chart revealed identical angles for the 2025 and 2026 rising wedge. A 125 day moving average was included. This is used in the Market Momentum component of the CNN Fear & Greed calculation. If this really is heading on the same path as early 2026 it won’t take long to find out.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
Over the last week investors started to lean quickly toward a bearish position as markets moved lower. There is a bearish reading of 47.70% and bullish reading of 30.40%. This aligns with other sentiment indicators. A move above 50% for the AAIIBear indicator should be monitored closely for markets changing direction.
Note that this information is for educational purposes only and not a recommendation.
AAII Asset Allocation Survey for May 2026
Stock charts courtesy of StockCharts.com.
On April 14, 2026, the CBOE Put/Call ratio index dropped to 0.68. The last two times this occurred was on June 12, 2024 (0.66) and May 15, 2025 (0.68). At this point the Equity Put/Call ratio does not indicate that a top is near. Using this input, markets would be expected to continue moving higher.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
As of October 29, 2025 Investment Managers are bullish with the index moving up to 100.83. The index continues to follow a pattern similar to what was developed between mid-June 2021 and August 2021. While markets move higher, the latest NYSE weekly Hindenburg Omen reading indicates a sharp decline is expected in the coming months.
Note that this information is for educational purposes only and not a recommendation.
Data source: NAAIM Exposure Index
As of June 1, 2024 the WordPress registration feature has been disabled due to spam bots.