Over at NFTRH we had a pretty extensive subscriber market update, going over targets, risk profiles, etc. for US stocks (and precious metals). Here is one graph from the update and it is not pretty dear stock market bulls.
From Sentimentrader
Well, it is pretty I guess if you are a momo oriented Casino player. But it is not pretty for risk vs. reward players. While I understand that extreme sentiment goes hand in hand with bullish momo upside (i.e. mania), that does not change the fact that risk vs. reward sucks.