FYI: espite a back and forth market over the last few days, individual investors have managed to show slightly more bullishness than last week. According to the weekly survey from AAII, bullish sentiment increased this week from 36.68% up to 38.56%. That’s the third straight weekly increase, and also marks a higher high in bullish sentiment versus the mid-April high. So just as technicians were celebrating the higher high in the S&P 500 two weeks ago, this week’s “sentiment-icians” can celebrate a higher high in bullish sentiment.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/higher-high-in-bullish-sentiment/