BPSPX S&P 500 Bullish Percent Index

The BPSPX remains on the double-whammy buy signal. The bulls keep driving stocks higher on the Fed's easy money. Finally, a potential top occurs over the last couple days at 83. The six percentage-point reversals are key as well as the 70% level. Thus, bears will receive a market sell signal when the BPSPX falls below 77. A double-whammy sell signal will trigger if the BPSPX loses the 70% level; this is when stocks would be falling apart bigtime.

For now, the bulls are in control and will remain in control as long as the BPSPX remains above 77. 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.