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ssi_SPX500_body_Picture_17.png, S&P 500 Needs to Show its True ColorsReceive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

SPX500 –Retail CFD speculators remain heavily short the SPX500 contract, and a contrarian view of crowd sentiment leaves us in favor of further gains.

Trade Implications SPX500 – December is most often a great month for stocks, while January tends to set the pace for the rest of the year. It will be important to watch how the S&P finishes the first month of the trading year, but as it stands sentiment leaves us in favor of further strength.

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