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By The Short Side of Long
AAII survey readings came in at 46% bulls and 25% bears. Bullish readings rose by a huge 10% while bearish readings fell by 7%. The AAII bull ratio has once again risen near the bullish extremes (chart above), but is not yet giving us a warning signal. For referencing, AAII bull ratio survey chart can been seen by clicking here, while AAII Cash Allocation survey chart can be seen by clicking here.