Thursday, June 11, 2015

AAII Bullish %

Aubie Baltin CFA, CTA, CFP, PhD. and writer of the market newsletter, UNCOMMON COMMON SENSE,  once wrote that the stock market tends to rally for approx 3-6 months when the AAII bullish reading is under 25.

Recent dates when the AAII Bullish % was less than 25.00
June 9,2011    24.40  - Sell off into Aug 2011 before continuing higher
May 16,2012  23.60  - Market continued higher
July 18,2012   22.20  - Market continued higher
April 10,2013 19.30  - Market continued higher
June 10,2015  20.00  - ???

JustSignals posts for the intermediate cycles have been suggesting:
The intermediate forecast is for a top either on May 21+/- and or June 18-19+/- with a potential correction into July 29+/-.  The cycles then forecast a rally into November and or January.

So, similar action subsequent to June 9,2011 is a good possibility at this point based on the suggestions of the intermediate cycles and Aubie Baltin's interpretation of the AAII Bullish %.

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results

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