Don't Ignore This Chart!

S&P Bullish Percent Chart Turning Upwards ($BPSPX)

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Ditc20090311
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Bullish Percent charts track the percentage of stocks in a specified group that have a P&F "Buy Signal" on their charts.  While the large-scale Bullish Percent indexes - the NYSE's ( $BPNYA) and the Nasdaq's ($BPCOMPQ) - are still in a downward column of O's, the S&P 500's ( $BPSPX) reversed today(!) and is heading higher.  Will the others follow the S&P 500's lead?
Chip Anderson
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