StressSignal?
What it answers
Bull-Bear Spread 用 AAII 多头比例减去空头比例，观察散户情绪净乐观程度。
StressSignal Risk Desk
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Disclaimer: this page is for market observation only, not investment advice. Risk note: indicators help you observe market conditions. They are not trading advice. Always add context, events, and position risk.
Bull-Bear Spread 用 AAII 多头比例减去空头比例，观察散户情绪净乐观程度。
Watch · 1Y percentile 37.3%
我不会单看 Spread 下结论，而是和 NAAIM Exposure 联读：一个看嘴上怎么看，一个看钱怎么放。
Use history to read direction. Do not decide from one point.
Bull-Bear Spread 用 AAII 多头比例减去空头比例，观察散户情绪净乐观程度。
Indicator updated: June 1, 2026
Update frequency: Weekly
Spread 越高，散户净乐观越强；越低，净悲观越强。
我不会单看 Spread 下结论，而是和 NAAIM Exposure 联读：一个看嘴上怎么看，一个看钱怎么放。
这是周度调查派生指标，高低应看自身分位，避免用固定阈值机械判断。
Disclaimer: this page is for market observation only, not investment advice.
Method guide: how to read this signal.
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