TRIN shot up past 1.00 again, plus the seasonal pattern is not very bullish at this time of the year, better to get out or stay out till the bullish seasonals are back again.
The TRIN backtest built by a third party on Trading View shows clearly the short signal since late May and yet to exit. Those looking to enter the market should wait for further downside consolidation. Besides the Summer seasonal effect kicking in. Looking to average buy from 280 level and accumulate further down. Same signal on SPX, US30, Nasdaq100.
