Inside Story

The Bull-to-Bear ratio is running at almost 5-to-1 in favor of the Bulls. This moves the Investor Sentiment up from [ + 1 ] last week to [ + 3 ] this week. It is interesting to note that the Composite Index of the CrossOver Oscillator has moved above the Short Sell Index (see far right side of the Oscillator chart, below). This could be an early indication that a correction event is building. The market has become slightly overbought; a condition that often precedes a market correction.

** Turner Trends our source .