Trigger Point System just recently invent on a new indicator called Bull/Bear sentiment indicator , this indicator typically is to check on the overall market sentiment, the data is captured from the EOD .
from the data shown , the overall market sentiment has turn from 8/5/06 at the figure 75 to 11/5/06 at the figure of 31, the message here is BEWARE OF MARKET figure go below zero
The advantage of this indicator is to get the early signal before market go sideway , uptrend and down trend.
Pls note that this indicator is a thermometer to the overall market, is not specified to any particular counter.
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