Keystone's BPSPX Indicator remains on the double-whammy buy signal for the stock market. For the BPSPX, the six percentage-point reversals are key and also the 30% and 70% levels. Price peaks at 79.6 so taking away 6.0 leaves 73.6. The stock market bears have absolutely nothing unless they at least drive the BPSPX below 73.6. This would usher in sustainable market weakness. If the BPSPX loses the 70 level, the stock market will be falling apart. The bulls simply need to keep price above 73.6 and they will not be worried about anything. 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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