πŸ“Š Investor sentiment is nearing extreme bullish levels.

Bank of America’s Bull & Bear Indicator has climbed to 9.4, the highest since Feb 2018 and the 4th-highest reading in 24 years.

The gauge tracks flows, positioning, and market breadth and 5 of 6 components now signal bullish or very bullish sentiment.

The latest surge was driven by strong global market breadth and fund manager cash falling to a record low 3.2%.

Investor demand for equities is exceptionally strong. βš οΈπŸ“ˆ