"We're Going To Need A Bigger Chart"-Of-The-Day: Bullish Sentiment Edition

What "wall of worry"? Goldman Sachs S&P 500 Sentiment Indicator has reached 11 on the Spinal Tap amplifier of euphoric positioning...

 

 

 

 

As Goldman warns...

Sentiment Indicator ranks net futures positioning versus the past 12 months. Readings
below 10 or above 90 indicate extreme positions that are significant in predicting future returns.

Trade accordingly...