Commercial Net Positioning for Nasdaq Futures hit a very bullish 93% score this week, on a 18 month relative basis.
Given a 18m score of 92% or better, price distribution favors bulls - With a 20 day forward 70th Percentile advance of 80.75 points, versus declines of only (34.75) for
odds of 2.32 - 1 favoring bulls.
