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uempel wrote:Checking red channel on daily SPX log:
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love that chart, market struggling with the low 1900s level, MCO says we not oversold yet with latest dip, need some good structure in that oscillator for bulls to have a chance....
Refresher: The survey of “The American Association of Individual Investors” (AAII) measures the sentiment of retail investors. AAII members are asked weekly if they are "... bullish, neutral, or bearish on the market outlook over the next six months... Responses recorded from Thursday through the following Wednesday are tallied for the sentiment survey that week...."
AAII just reported last night
Last week BEARS (red) were at 48; this week 40
That’s not very much improvement for BULLS (green). What BULLS REALLY NEED is more green and less red here: [weekly chart]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:Refresher: The survey of “The American Association of Individual Investors” (AAII) measures the sentiment of retail investors. AAII members are asked weekly if they are "... bullish, neutral, or bearish on the market outlook over the next six months... Responses recorded from Thursday through the following Wednesday are tallied for the sentiment survey that week...."
AAII just reported last night
Last week BEARS (red) were at 48; this week 40
That’s not very much improvement for BULLS (green). What BULLS REALLY NEED is more green and less red here: [weekly chart]
128aaii.png.png
very interesting. thanks boss. so retails have been right, mmm..........
I'll be surprised if we don't get a negative print for Q4 GDP .................. just anecdotal but almost to a company my manufacturing customers were struggling with the higher USD significantly impacting exports, weakness in oil patch capex, and consumer demand being tepid at best.