Today the markets saw a "rip your face off" rally from a decline in the S&P 500 that was down 15% from its peak with the Nasdaq and Russell 2000 down over 20% into bear market territory.
As you would think, that has market sentiment quite bearish.
Graph of the American Association of Individual Investors (AAII) Bulls Minus Bears Sentiment Indicator vs the Dow. $INDU $DIA #MarketSentiment #Sentiment #InvestorSentiment $SPY $SPX #AAII
II Bulls Minus Bears Survey vs Log Dow Graph #IIBullsBears #Sentiment #StockMarket #SPY $SPX $SPY $INDU $DIA #Stocks
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