Bullish Sentiment Declines From Last Week's Level

In the American Association of Individual Investors Sentiment Survey release this week, bullish sentiment declines to 38.39% versus last week's level of 42.86%. This level of bullishness remains lower than one might expect at a market turning point from an individual investor sentiment perspective. The current result is in line with the long term average for bullishness as noted in the below table.

Source: American Association of Individual Investors