Bullish Sentiment Declines

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

With the S&P 500 trading down every day since last week's release of the AAII sentiment figures, it shouldn't be too much of a surprise that bullish sentiment declined this week. In this week's sentiment survey from AAII, bullish sentiment came in at a level of 36.05%, which was a 9.06 percentage point decline from last week's level of 45.11%. This week's decline was also the largest decline in bullish sentiment since Aug. 1.