AAII bullish sentiment fell to 51.6% from 63.3% last week. This is a sizable decrease of 11.7% most of which came from an 8% increase in neutral sentiment.
The NAAIM survey saw bullish sentiment fall only slightly to 80.2 from 81.8 last week.
Both are above 1 standard deviation from average bullish sentiment.
Stay tuned for a full recap with associated charts later today.
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Sentiment Update: Brief Recap
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