The Bullish Consensus study, begun in 1964, measures market sentiment by polling selected participants. The study is expressed as the percentage of surveyed market participants who are bullish on a particular market. The study can be used for trend following or as a contrary indicator.
The Bullish Consensus data is compiled and distributed by the Market Vane Corporation, Pasadena, CA.
The Bullish Consensus study, compiled daily, tracks the buy and sell recommendations of leading market analysts and commodity trading advisers.
The Market Vane Corporation collects the information used to compile the study by:
•Reading a current copy of the adviser's market letter.
•Calling market advisor hotlines
•Contacting major brokerage houses to learn what the house analyst is recommending for various markets.
•Reading material sent by advisers
This information is compiled at the end of each day, reflecting the open positions of the advisers as of that day's market close.
Commodities Covered by the Bullish Consensus Study
|
3 Month T-Bills |
Gold |
S&P 500 Index |
|
British Pound |
Heating Oil |
Silver |
|
Canadian Dollar |
Japanese Yen |
Soybean Meal |
|
Cocoa |
Lean Hogs |
Soybean Oil |
|
Coffee |
Light Crude Oil |
Soybeans |
|
Copper |
Live Cattle |
Sugar (World) |
|
Corn |
Lumber |
Swiss Franc |
|
Cotton |
Oats |
T-Bonds |
|
Deutsche Mark |
Orange Juice |
Unleaded Gas |
|
Euro dollars |
Platinum |
US Dollar Index |
|
Feeder Cattle |
Pork Bellies |
Wheat |
Bullish Consensus Parameters
•Color and Weight
•MarkIt
•OB/OS