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, September 25, 2015
BPSPX S&P 500 Bullish Percent Daily Chart
The BPSPX issues a market sell signal yesterday performing a six percentage-point reversal from 44.50 to 38.50. The BPSPX drops to 36.80 so the bears receive the go signal for the path ahead. The bulls ran out of gas and will need the BPSPX to move above 42.80 (36.80+6) to regain their mojo. S&P futures are up +25 ahead of Friday trading. 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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