Strong Flip Bullish

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 |  Includes: BXDB, BXUB, BXUC, EPS, IVV, RSP, RWL, SDS, SFLA, SH, SPXU, SPY, SSO, UPRO, VOO
by: Bespoke Investment Group

We've seen quite a bit of volatility in our Bespoke Market Poll over the last couple of weeks. After a big down day two Fridays ago, traders went into that weekend feeling very bearish. Last Friday we had a nice rally in the market, and as shown below, traders have flipped back to bullish once again.

Of the 436 participants in our weekly survey, 57% were bullish while 43% were bearish. This is compared to a reading of just 41% bullish and 59% bearish heading into the trading week last Monday.

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