FYI: With the S&P 500 fighting to retake the 3000 level this week, bullish sentiment has rebounded after dropping to the lowest level since May of 2016 last week. AAII's percentage of bullish investors rose from 20.31% last week to 33.62%. This brings the sentiment level back within its normal range of the past few years although it is still below the historical average of 38.08%.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/positive-sentiment-surge