Blair Jensen

S&P 500's Daily Sentiment Index is at 22, the lowest since last April's crash. Similar depressed sentiment readings came close to marking bottoms for $SPX

S&P 500's Daily Sentiment Index is at 22, the lowest since last April's crash. Similar depressed sentiment readings came close to marking bottoms for $SPX

Food scientists have studied how cooking and cooling certain starchy foods can change their chemical structure. When foods like rice, potatoes, or pasta are cooled after cooking, some of the digestible starch converts into resistant starch. Resistant starch behaves differently from regular starch because it passes through the small intestine without being fully digested, functioning more like dietary fiber in the body. Because it digests more slowly, resistant starch can lead to smaller increases in blood glucose and insulin levels compared to freshly cooked starches, which is why researchers study its effects on metabolic health. Cooling and reheating rice does not dramatically change the total calories listed for the food, but it may slightly reduce the amount of starch that is rapidly absorbed, altering how the body processes it. Nutrition experts generally emphasize that overall blood sugar control depends on portion size, balanced meals, physical activity, and long-term dietary patterns, not just a single preparation method.

More new highs in the S&P 500 advance/decline line suggests price will follow. They keep talking about Hindenburg, but this says continue to ignore them.

🚨 THIS IS VERY, VERY BAD!! Look at the chart below. It's the S&P 500 vs the put/call ratio. Am I the only one who sees the same pattern? Jan 2024, P/C Ratio: 1.2 → S&P DUMP Apr 2024, P/C Ratio: 1.2 → S&P DUMP Aug 2024, P/C Ratio: 1.1 → S&P DUMP Apr 2025, P/C Ratio: 1.1 → S&P DUMP Not once. EVERY FOKIN TIME. And now the put-call ratio is back near a new high at ~1.1, but the S&P is still flat. Here's the direct connection, in simple words. When the put-call ratio jumps, it means people are buying WAY more puts than calls. And somebody has to sell those puts. That's usually dealers and market makers. So dealers get stuck SHORT puts. And when you're short puts, you hedge one way. You SELL S&P exposure. Futures. ETFs. Baskets. Whatever is liquid. So the flow is simple: More puts bought → dealers sell S&P to hedge → S&P loses support → S&P rolls over. And now the ratio is back at the HIGHEST level since the Liberation Day crash. So the setup is simple. - If the ratio stays high, the selling pressure stays on the S&P. - If the S&P slips, the hedging gets worse and it can turn into a feedback loop. I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.

🚨 THIS IS VERY, VERY BAD!! Look at the chart below. It's the S&P 500 vs the put/call ratio. Am I the only one who sees the same pattern? Jan 2024, P/C Ratio: 1.2 → S&P DUMP Apr 2024, P/C Ratio: 1.2 → S&P DUMP Aug 2024, P/C Ratio: 1.1 → S&P DUMP Apr 2025, P/C Ratio: 1.1 → S&P DUMP Not once. EVERY FOKIN TIME. And now the put-call ratio is back near a new high at ~1.1, but the S&P is still flat. Here's the direct connection, in simple words. When the put-call ratio jumps, it means people are buying WAY more puts than calls. And somebody has to sell those puts. That's usually dealers and market makers. So dealers get stuck SHORT puts. And when you're short puts, you hedge one way. You SELL S&P exposure. Futures. ETFs. Baskets. Whatever is liquid. So the flow is simple: More puts bought → dealers sell S&P to hedge → S&P loses support → S&P rolls over. And now the ratio is back at the HIGHEST level since the Liberation Day crash. So the setup is simple. - If the ratio stays high, the selling pressure stays on the S&P. - If the S&P slips, the hedging gets worse and it can turn into a feedback loop. I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH. Follow and turn notifications on. I’ll post the warning BEFORE it hits the headlines.

I think the 8 months of chop in 2024, plus the 2021 cycle top(s), will provide some resistance for Bitcoin before its next move. Notice what happened during the last bear market when Bitcoin found resistance at the 2017 top.