S&P 500 Sentiment: Reading Index Positioning From COT to Options
SPX500 sentiment is not a single directional reading. It is a composite interpretation of positioning, hedging demand, option structure, order-flow context, and price-location behaviour. A headline such as “bullish” or “bearish” compresses several different market conditions into one label. That compression creates analytical risk. A market can display positive index positioning while options demand remains … Read more