Did someone press the panic button on the markets? As the major stock markets made new highs and the S&P reached 3580, the sentiment among the money managers (or the "dumb money") got extremely optimistic - in other words, overbullish. Now that the stock market had a drop of just over 5%, we have seen a strange shift in confidence. A 50% drop in the dumb money confidence has happened. What could this mean? Is it a contrary indicator? We look at the charts. #StockMarkets #SP500 #AlessioRastani For membership: https://www.leadingtrader.com/join2020/ For more visit: https://www.leadingtrader.com/ Subscribe: http://bit.ly/2lz33DQ| ?Make sure to enable ALL push notifications!? Watch the NEWEST videos: http://bit.ly/2md7PHD Follow Alessio Rastani​: Twitter: ​https://twitter.com/alessiorastani Watch more Alessio Rastani​: Expert Interviews: http://bit.ly/2lHdK7n Important Videos: http://bit.ly/2md78y1 Latest Videos: http://bit.ly/2md7PHD Popular Videos: http://bit.ly/2mcbaXj