Widespread Investor Pessimism Could Signal S&P 500 Upside

1. AAII survey shows only 25.4% bullish sentiment, lowest since November 2023. 2. Bearish sentiment rises to 40.6%, indicating potential market bottom formation. 3. Historical data suggests extreme pessimism often leads to future gains. 4. SPY is up 25.3% over the past year, trading above key moving averages. 5. Technical signals mixed; caution advised despite bullish sentiment setup.