Bears and Bulls, a bit like a credit rating agencies call, is usually determined after the event is in full swing. Dwaine van Vuuren looks to debunk this myth, and is monitoring a cocktail of 12 macro, breadth and technical indicators with multi-decade track records, warning of a JSE bear market.
The first contribution is below, and it takes a look at a lesser known concept called ‘Open Interest’. And while the cocktail makes no sense with only 1 of the 12 elements, this is van Vuuren’s launch pad. An interesting read. – Stuart Lowman
By Dwaine van Vuuren*