Ticker Sense Blogger Sentiment vs S&P500 Chart - May 2014

This graph shows the weekly close for the S&P500 index graphed vs. the weekly reading of "Ticker Sense Blogger Sentiment" (note 1) as of 5/12/14.

"Ticker Sense Blogger Sentiment" (details below) is short term market outlook for the next 30 days.

During the the last three years of charting this data, the market rallied sharply after every time my blue line of "bulls over bulls plus bears" fell below 35%.  Will this time be different?

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Today's Sentiment Data:

Note 1:  From tickersense.typepad.com

Ticker Sense Blogger Sentiment Poll is a survey of the web's most prominent investment bloggers, asking "What is your outlook on the S&P 500 for the next 30 days?" Conducted on a weekly basis, the poll is sent to participants each Thursday, and the results are released on Ticker Sense each Monday. The goal of this poll is to gain a consensus view on the market from the top investment bloggers -- a community that continues to grow as a valued source of investment insight.