One thing attention-grabbing occurred this week that has by no means occurred earlier than.
In line with Ryan Detrick, three weeks in the past, AAII bulls made a 52-week excessive. After which shares fell, and bulls went into the fetal place. Bears now outnumber bulls nearly two to at least one. This about-face occurred at a breakneck pace by no means earlier than witnessed. Right here’s the chart from Liz Ann Sonders.
There’s an attention-grabbing dynamic at play wherein…
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