Tom Lee’s analyst sentiment chart is quietly impressive.

Not perfect but far more directionally right than most give credit for.

What stands out:

→ Bullish calls aligned with major uptrends

→ Neutral phases often marked consolidation

→ Bearish signals showed up near local tops

This isn’t about calling exact highs or lows.

It’s about capturing regime shifts — and that’s where this data has real value.

Sometimes consensus, when tracked correctly, does work.