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S&P 500 Sentiment Report -
The S&P 500 index dropped -57.16% today.
Declines beat advances by a ratio of almost 5 to 1 (an A/D issues ratio of 0.21). On the volume side, results were similar, generating an A/D volume ratio of 0.19. The A/D issues ratio reached its lowest level of the day at 12:0 EST (a value of 0.07). By this time, the index had declined about -57.38%.
On this day, market mood was strongly bearish;
(Next day outlook is 100% mechanically calculated and is based on index reaction to similar market sentiment occurrences in history back to 1997)
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