This chart shows the 52-week moving average of the “Investors Intelligence Survey“ bulls minus bears data. 52 weeks removes seasonality from the number and gives startling results.
Click to view larger pdf graphI explain what this sentiment indicator and others mean to me in my newsletter. I post them here to share for all to read and make comments. Request Invitation to facebook discussion group where we have a "Sentiment" topic to discuss the weekly data.
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