Yesterday, the $TRIN trended down most of the day, even during the morning correction, which indicated that market sentiment was more bullish than bearish. Today, the $TRIN trended down in the morning, but then turned bearish around 1200 ET, indicated by an uptrending $TRIN, and remained that way most of the afternoon. So, yesterday we saw an uptrending market in the afternoon, and today we had a downtrending market in the afternoon.
Tomorrow we roll over to the June Contract.
Charles
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