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Thursday, June 14, 2018 10:15:44 AM
Four-Month High In Bullish Sentiment
By: Bespoke Investment Group | June 14, 2018
Bulls are on the offensive this week as AAII Bullish sentiment jumped to 44.78% from 38.93% last week, which is the highest level since mid-February. Bullish sentiment had been gradually trending higher in recent weeks, but this week’s jump represents a breakout from that pace.
While bullish sentiment spiked higher, bearish sentiment did not see as big of a move to the downside. As shown in the chart below, negative sentiment declined from 26.72% down to 21.70%. That’s only the lowest reading since mid-May.
https://www.bespokepremium.com/think-big-blog/four-month-high-in-bullish-sentiment/
• DiscoverGold
By: Bespoke Investment Group | June 14, 2018
Bulls are on the offensive this week as AAII Bullish sentiment jumped to 44.78% from 38.93% last week, which is the highest level since mid-February. Bullish sentiment had been gradually trending higher in recent weeks, but this week’s jump represents a breakout from that pace.
While bullish sentiment spiked higher, bearish sentiment did not see as big of a move to the downside. As shown in the chart below, negative sentiment declined from 26.72% down to 21.70%. That’s only the lowest reading since mid-May.
https://www.bespokepremium.com/think-big-blog/four-month-high-in-bullish-sentiment/
• DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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