AAII Sentiment (4 week average) is now Moderately Bullish -- only 17% cash recommended for traders

The Four-Week Average 
of this contrary indicator,
is one of the seven ECONOMIC LOGIC
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 the one week 
ending May 30, 2019:
24.8%  bulls  (24.7% last week)  (historical average is 38.2%)


40.1%  bears (36.1% last week)  (historical average is 30.3%)
= Bullish
( was Moderately Bullish last week )

38.2% of AAII investors 
with an opinion were bullish
( was 40.6% last week )


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



( under 40% is Bullish )

Four  Week  
Average:
Moderately Bullish

( was Neutral last week )

46.7% of AAII investors 
with an opinion are bullish 
( was 53.4% last week )

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



( under 40% is Bullish )

Recommended 
portfolio
cash position:

= 17% cash

( was 34% cash last week )

Note: The recommended cash position 
on 12/26/18 and 1/2/19 was 0% (zero)

    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