[Update] Our #1 indicator just made a very bearish move

 

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The "Granddaddy of All Indicators" Just Made a Very Bearish Move

 

Hey,

Yesterday, our most important market indicator went on a "Sell signal".

This is a very bearish indication and one you need to be aware of.

Because this latest bearish change in the New York Stock Exchange Bullish Percent Index (NYSE BPI) tells us something very important about the stock market.

It signals that the market should now be considered weak over the longer-term as well as over the short-term.

This change in "signal" comes just six days after the BPI changed columns.

That change signaled short-term weakness.

Yesterday's change confirmed that weakness.

There's much more to this story than that...

You can read my full commentary at a special website we set up to track changes in this indicator.

This is a free resource you can use to get a much better view of the market.

You should "bookmark" that page so you'll always have it at your fingertips.

 

Trade Safely,

Bill Spencer
Editor-in-Chief, True Market Insiders


 


 

 

 
                                                           

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