AAII Sentiment Neutral -- 56% cash recommended for traders

The Four-Week Average
of this contrary indicator,
is one of the seven ECONOMIC LOGIC
front page stock market timing indicators 

It's the ONLY short-term timing indicator.

It recommends from 0% to 100% cash
in your trading portfolio

I prefer the four-week moving average
because it has much less volatility
than weekly data.

For  one  week  ending 
February 28, 2019:
41.6%  bulls  (39.3% last week)  (historical average is 38.2%)


20.0%  bears (25.4% last week)  (historical average is 30.3%)
= Neutral
( was Neutral last week )

67.5% of AAII investors 
with an opinion were bullish
( was 60.7% last week )


( 50% to 70% is Neutral )
( 40% to 49% is Moderately Bullish )



( under 40% is Bullish )

Four  Week  Average:

= Neutral
( was Neutral last week )

62.5% of AAII investors 
with an opinion are bullish 
( was 58.2% last week )

( 50% to 70% is Neutral ) 
( 40% to 49% is Moderately Bullish )



( under 40% is Bullish )

Recommended 
portfolio
cash position:

= 56% cash

( was 46% cash last week )

    The  EL  
Back-to-Basics
    Portfolio  

actual  cash  position: 


= 85% cash  
( was 85% cash last week )




Notes: 


This contrary indicator 
is bearish (red) 
when individual investors 
are bullish. 

This contrary indicator 
is bullish (green) 
when individual investors 
are bearish.

( I ignore all the “neutral” votes )

Data Source:
https://www.aaii.com/o/sentimentsurvey