Indictators Rise to 71 Percent; Sentiment Bearish; Correction Over? Our sentiment indicator - the number of bullish advisors is at 56.2, the highest number of bulls since April 21st when there were 53.0 percent. A 16.0 percent correction followed because (at the same time) the Fed talked about stopping QE. A different situation now exists since the Fed is implementing QE2, not ending it. Since bullishness is not good news (contrary indicator), we downgraded this indicator to bearish, removing two points from our stock market indicator composite.