MM Sentiment Overview - Market Analysis for Mar 15th, 2020

At some point this week, sentiment should flip from down to up.  Weekly MMI is then looking primarily up for the remainder of the month.  Weekly charts were pointing to a local low below 2600 SPX which has already been satisfied.  Monthly charts would prefer below 2200 at some point in this decline.  That may or may not be immediately.

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."