On July 16, 2025 the NAAIM Exposure Index dropped to 83.69. Investment Managers had a relatively small change in their positions. Their positioning activities are also similar to what occurred in mid-2023. Since April 2025 a rising wedge has developed in the S&P500 and CNN Fear & Greed readings are rising. A decline similar to what occurred between August and October 2023 is expected.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of http://StockCharts.com.



