Update: Expected Pullback
Summary
- AAII bull sentiment continues inching higher.
- Low-windows stacked up.
In our last update to our followers on Feb. 11/21, we pointed out that the AAII bull sentiment had started to increase. This week, the increase has continued, and the market has weakened as we expected.
Our reserve study has a stack of low-windows stretching into March.
We remind subscribers that the lag lo windows are relative measures, not nominal; they don't predict how low the low will be, just when the low is likely to occur.
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