Last Week
– Markets were up 2.68% after logging new highs in the March 2009 wave up, in a week where the BULL% fell to its lowest level since early September 2009 readings
This Week
– This week, the BEAR% relents, and gets split evenly between BULL%, and rest of them converted to a NEUTRAL stance – so still disbelieving the BULL continuation
– NEUTRAL% reigns high this week at 27%, reflecting there is still an element of uncertainty, in the markets
– Given high NEUTRAL%, the only interpretation I can make is for a mixed week with a tendency towards a flat close, where Bulls perhaps want to take profits
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