BPIs
Would like to hear more about your interpretation. I use the BPIs as an intermediate term contra-trend indicator, helping to identify reversals. I view the S&P 500 BPI as neutral, and the Nasdaq Comp BPI as slightly bullish (because the bullish signal happened more recently).
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Would like to hear more about your interpretation. I use the BPIs as an intermediate term contra-trend indicator, helping to identify reversals. I view the S&P 500 BPI as neutral, and the Nasdaq Comp BPI as slightly bullish (because the bullish signal happened more recently).
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