Martin Pring is a reknowned market technician. His site includes an interesting chart, derived from data via Rasmussen, a reliable pollster.
Click for larger graphic
Graphic via Pring Research
There is a caveat to the charting of polling data patterns: It hardly correllates to technical trading patterns; Polling is a cost free public opinion survey, subject to headlines and PR issues rather than fundamental concerns of the business cycle. Individual equity performance is driven by ‘Supply and Demand’ issues.
Still, its an interesting concept, and Pring does a nice job of presenting the data as an objective assessment. It will be curious to see if the debate tonight impacts this . . .
via Mike Barret, NYU