Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Friday, May 10, 2013
BPSPX Bullish Percent Weekly Chart Signals Significant Market Top
The BPSPX daily chart is one of Keystone's Other Market Signals. This is where the six-percentage point reversals and 70% and 30% levels are important and provide market buy and sell signals. Bigger picture, the BPSPX weekly chart shows the significant market tops and bottoms over the last three years; each major top and bottom clearly identified with the elevated BPSPX, or uber low BPSPX, respectively. What do you think will happen now? This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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