Here's a detailed video on how to make use of market sentiment early on.

If you are looking for value investor longs, you'd need sentiment to feed in further and drop the price of the SPX.

For shorts, you'd need continued sentiment to support a downside case. More would need to follow post Fed Member Goolsbee regarding jobs/inflation.
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Long Support Is There. Any entry, make it small.

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Weak push at early support (no sentiment to push markets).

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Continued sentiment - back to highs.

Change in sentiment? - under.

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Any longs need to be very light - real negative impetus coming in his recession fears.
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