AAII reports this morning:
Bullish: 27.4%, up 4.5 points
Neutral: 32.9%, down 4.5 points
Bearish: 39.7%, down 0.0 points
That's weird. More bullish in a sloppy market, but just as Bearish. I consider 40% Bears or more to be Bullish in a Bull market. I also consider big shifts to be ST fades.