A group of investors was polled each week for the last five weeks about whether they were

Question:

A group of investors was polled each week for the last five weeks about whether they were bullish or bearish concerning the market. Construct the market sentiment index for each week based on these polls. Assuming the market sentiment index is being used as a contrarian indicator, which direction would you say the market is headed?

Week Bulls Bears 63 58 53 68 47 74 71 43 78 1, 4-