Bullish Percent Index NYSE Closer look, indicates a bear; http://stockcharts.com/c-sc/sc?s=$BPNYA&p=D&b=5&g=0&i=p98768125656&a=241192281&r=1343 Maybe this makes it clearer with point and figure, which also shows possible reversal @ 31? http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$bpnya,phuadayrbr[pa][d][f1!3!2.0!!2!20]&pnf=y