Sector and Index Sentiment Update 7/30/25

Sector Sentiment Begins To Turn Towards Defensive

Summary

The Sentiment Spread is close to going negative as Offenses Sector Sentiment declines and Defensive sentiment has increased in recent weeks. Sentiment for the S&P 500 (via DSI) is still at a lower high despite the rise in price, creating a short-term divergence. It reached 87% bullish but currently sits at 74%. Crude oil has risen in price as it begins to confirm the high level of bullishness in its own DSI % Bullish score.

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Sector Sentiment Spread

The Sentiment Spread has continued to move lower, now in single digits.

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