An informal presentation of technical analysis, market ratio analysis, psychology and macro fundamental opinion... along with whatever else is required to stay on the right side of the markets. The premium NFTRH service takes all of these and more to the next level.
"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Thursday, March 8, 2012
Some fun with Bullish Percentages
BPGDM (gold stocks bullish %) is marching steadily lower. Is there one more dunk to go before the all clear? BPSPX (S&P 500 bullish %) is quite peppy. I suppose it could rise further with Goldilocks to the limits of 2009, 2010 and 2011. But risk is not good in the broads my friends.