look it's my interpretation of the index charts the bullish percents and how they are formed and moving up together, or down...
when a BP gives a "buy signal" like they all have recently i check the index charts of course. those buy signals are double tops buys that show demand in control so the risk is better on the long side then short...
this to me is what P&F is all about...supply and demand
so how i use them and what makes me long since the March lows right thru this date is my specific reads on all of this stuff together as a whole
i have no quarrel with you or any one...my smart ass days are long gone...
i'm way too happy right now to argue with anyone...