After the volatility this week in the equity markets, I wanted to update one of the many indicators that we follow:
This week:
Bullish: 35.4%, down 6.4 points
Neutral:33.7%, up 3.7 points
Bearish: 30.9%, up 2.7 points
Historical Long Term Averages:
Bullish: 39.0%
Neutral: 30.5%
Bearish: 30.5%
(Source: AAII)
