Although the weekly sentiment survey would not have captured equities' sharp decline today, bullish sentiment through AAII's weekly survey was lower by 0.27 percentage points to 34.28% this week despite the S&P 500's general move higher in the past week. That was the smallest absolute weekly change for bullish sentiment since the final week of June of last year, when it had risen by just 0.08 percentage points.
Bearish sentiment, likewise, was headed lower this week, falling by 0.82 percentage points. That left bearish sentiment at 38.05%, which is the lowest reading since February 20th.