Another noteworthy development today was the low print in the StockTwits' General Sentiment indicator that I privately maintain, derived from in-house StockTwits data (Here's more info on how it is calculated). As of midnight last night, the indicator was at its lowest levels since I began tracking six months ago.
Each previous time we've pierced the 3.0 level, markets have bounced. Is this time different?
Cashtaggers are starting to point out 'oversold' indications, too.