On the heels of the recent turmoil around the globe, today King World News is pleased to share a fantastic piece which give readers a shocking view of the war in the gold and stock markets This piece also includes four key illustrations that all KWN readers around the world must see.
King World News note: This astonishing chart from SentimenTrader shows that less than one month ago the DJIA (Dow Jones Industrial Averages) hedgers had one of the largest net short positions in history (see chart below).
King World News note: What is remarkable is that the second chart from SentimenTrader shows that in less than 30 days the DJIA (Dow Jones Industrial Averages) hedgers have moved from one of the largest net short positions in history to one of the most bullish in years (see chart below).
King World News note: The third chart from SentimenTrader shows that sentiment in the gold market is near rock bottom (see chart below).
King World News note: The fourth chart from SentimenTrader shows that despite the "excessive pessimism" readings in the gold market, the gold hedgers position has now moved to one of the more bullish positions in the last few years (see chart below). Both of these gold charts are contrary indicators and suggest that a powerful reversal, which would shock the shorts, may soon be at hand.
These charts are just a portion of one of the latest fantastic reports. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***ALSO JUST RELEASED: Bill Fleckenstein – What To Expect In The Second Half Of 2015, Plus A Bonus Q&A CLICK HERE.
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