DOW Bullish Percent Index (22 December 2012)
DOW Bullish Percent Index is in a Bear Correction:
A Bear Correction signal occurs when the Bullish Percent Index is on a P&F sell signal, but advancing with a current column of X’s. Any advance remains a correction until there is a breakout to reverse the sell signal.
The PnF bear (sell) signal warrants caution, but the successful test of the 50 level has the current trend in favor of the bull.
Lard eating Day Trader. Ego and Self-awareness can not coexist.
