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The volatile swings in crude oil last week sent investor sentiment sharply lower, with only 24.86% of investors reporting as bullish, which was the lowest level of bullish sentiment since the COVID-19 outbreak began. With things calming down in the days since and with equities continuing to grind higher, sentiment has improved, as the percentage of investors reporting as bullish rose to 30.6%. While an improvement, that is still less than where bullish sentiment has been over the past several weeks. Since the sell-off began on 2/19, bullish sentiment has averaged 33.44%, around 3 percentage