Too Many Bulls?

We know from experience that whenever investor sentiment gets too lopsided — in other words, if there are “too many” bulls or “too many” bears — it inevitably means that a market reversal is near. Back in January, we ran an article on the extreme bullishness of the market and then we saw a correction but it didn’t last long enough and once again we are looking at a bullish etreme. Today we are bringing you an article from Elliott Wave International which looks at how bullish the current market is.