Bull-Bear Ratio Still Under 1.00

The Bull-Bear Ratio was below 1.00 for the fifth successive week this week, edging up to 0.78 after falling steadily from 1.15 in mid-September to 0.57 last week—which was the lowest since March 2009.

Bullish sentiment increased for the first time in five weeks, to 31.3%, after falling the prior four weeks from 32.4% to 25.0%—which was the fewest bulls since early 2016.