Zeelotes has posted about the NYSE Percent Bullish being used as a possible buying opportunity. I believe the rules coalesced to:

Wait for $BPNYA to close below 31. Then, wait for the indicator to increase by a mathematical 6% from the lowest close. In combination, wait for the actual percent to increase by 6%. (It seemed like it wasn't finalized which signal was the "buy" signal. Maybe put the toe in when math increased 6%, and then fully commit when actual reading increased 6%?)

It closed April 8th at 17.88. Yesterday's big up day raised it to 19.8, which was above the math 6% (17.88 x 1.06 = 18.95). The indicator would need to rise to 23.88 for other "confirming" reading. It was actually up a hair today to 20.44

https://stockcharts.com/h-sc/ui?s=%24BPNYA&p=D&yr=...

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