Commentary Topic from greenfaucet
I'm glad to see that yesterday's Arms Index Extremely Extended post got so much attention.
One of the concerns raised by a reader was that my chart of the Arms Index (TRIN) only looked back to four years of history, so that the historical context prior to the current bear market consists entirely of bull market readings. For this reason, today's chart goes all the way back to the beginning of TRIN data available at StockCharts.com.