SentimenTrader's Panic/Euphoria Model recent reversal from a bearish extreme may bode well for S&P 500 performance over the next

	1-month later	2months later	3-months later	6-months later
Average returns	0.7%	3.9%	6.0%	12.3%
Median returns	1.2%	3.7%	5.8%	7.2%
Win rate	50%	80%	80%	90%

Disclosure Title

Source: Charles Schwab, SentimenTrader, as of 11/11/2022.

Yellow dotted line represents -0.17 threshold. Past performance is no guarantee of future results.