Change in bearish sentiment over the past two years
Chart shows the AAII Bearish Sentiment
Sep
2021
Oct
Nov
Dec
Jan
2022
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2023
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
0
5
10
15
20
25
30
35
40
45
50
55%
AAII bearish sentiment, 4-week average
Long-term bearish sentiment average
