Bullish Sentiment At Lowest Since November 18

The American Association of Individual Investors released its sentiment survey, and bullish sentiment is at the lowest its been since before Thanksgiving.

Bullish sentiment is down 2.8 points to 46.6%, Neutral sentiment at 27.9% rose 4.2 points, and Bearish sentiment fell 1.3 points to 25.6%.

This is the third time in four weeks that Bullish sentiment is below 50%. Despite this downward trend, this is the 24th week in a row that Bullish sentiment has been above its historical average, of 39%. Bearish sentiment is below its historical average of 30% for 20th time in the past 23 weeks.