SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bobby beara who wrote (1621)2/6/2000 11:07:00 AM
From: OX  Read Replies (2) of 2103
 
a Bullish Percentage (BP) chart plots the %-age of issues (in an index) on PnF buy signals.
it's basically a way to dissect an index into it's individual components w/o regard to how the index itself is weighted.

I was looking for more info at the dorseywright.com site, but those parts appear to be down at the moment for maint.
basically, when the chart enters 70% or above, it's warning/red/overbot zoone. 30% and below is green/oversold.
there are 6 different 'modes' a BP chart can be in and depending on how and where it enters and exits these zones from its current position on the chart will determine the degree of offense or defense. this chart became bullish when it reversed up into a column of X's and raised above 30%.

whether any of the above is viable for the BPNDX chart is still up in the air... typically BP charts will work better w/ more issues in it.
given that there's only 100, it tends to get whipped around a lot faster.

let me know if this doesn't answer your question.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News