This past Friday 09November the NYSE Bullish Percent Index rolled over to the downside with a column of O's. This is the start of a trend indicating fewer and fewer of the 1200+ NYSE traded stocks are bullish. This is an internal strength indicator.
This is just one of a number of technical indicators used to determine which way stock markets are headed. This indicator helps one be 'On the Right Side of the Market' for shorter term trading.
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