BPSPX Bullish Percent Daily Chart

After a three day rally, we see if the BPSPX can reverse upwards by six percentage points or more to verify the rally. The moves, bullish or bearish, are verified after a six percentage point reversal with the BPSPX. In addition the 70% and 30% levels are key. Looks like 22 was the bottom so 28 is needed to signal the all clear for the bulls. Today is an important day. If you see 28 achieved, then 30, the market bulls will be driving higher strongly. If the bulls cannot achieve 28, then the market bears will be regaining control of the indexes. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.