Why last week may have been THE BOTTOM

I am not always right and financial markets are facing many uncertainties, but last week's market action may have marked the bottom of this market cycle.

It isn't just the extreme level of the BoA Bull & Bear Indicator. though that is one piece of the puzzle. This indicator turned prematurely bullish by falling below 2 in March, but readings have declined to the extraordinarily low level of 0. 

The full post can be found here.