Listen, we all know what the NASDAQ, Magnificent 7, and technology have done and are doing. There’s no need to beat a dead horse. For those who somehow view the incredible rallies in these 3 to be bearish, so be it. How’s that perma-bear approach working out? I’ll skip right past this part of the market and discuss two other extremely bullish developments. Sentiment When the long-term 253-day SMA of the equity only put call ratio ($CPCE) takes a major turn, either higher or lower, it’s a signal that prevailing sentiment is reversing and that a reversing S&P 500 is likely to follow, or maybe has already started. That’s not my opinion, that’s historical fact. Take a look at this chart and tell me if you interpret something differently: Human emotions go up and down and never is it more pronounced than with our money. As more and more money…