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.
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Monday, October 5, 2015
BPSPX S&P 500 Bullish Percent Index Daily Chart
The bears are punched in the face today as the bulls receive a market buy signal with a six percentage-point reversal in the BPSPX from 29.40 to 35.40. The bulls are in charge going forward unless the bears can send the BPSPX under 30.40 (a six point reversal from the current 36.40 price). Today was a big day for the market bulls. 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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