The Bullish Percent Index (BPI) is a unique way to measure market breadth. The BPI is calculated by dividing the number of stocks in a given group (S&P 500 for this example) that have given a buy signal via Point and Figure charts, by the total number of stocks in that group. The group is
Bullish Percent Index
The Bullish Percent Index (BPI) is a unique way to measure market breadth. The BPI is calculated by dividing the number of stocks in a given group (S&P 500 for this example) that have given a buy signal via Point and Figure charts, by the total number of stocks in that group. The group is