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As equities have rebounded from coronavirus fears in the past week, reaching fresh all-time highs, sentiment has not shared in the gains, as it continues to hold a slight bearish bias. AAII's reading on bullish sentiment rose slightly from 31.98% last week to 33.87% this week. While higher than last week, it was not nearly as large an increase as you would expect given the market rebound.
AAII's reading on bearish sentiment ticked down 1.64 percentage points to 35.22%. That is still well above the lows in the 20s that have been observed over