The indicators used in the BullandBearWise Index are weighted based on the following table. All bullish indicators are then summed and divided into the sum of all the indicators.

When an indicator changes from bearish to bullish, the Index increases 1.5 times the Weighting.

For example, if Consumer Credit (Weighting = 1) turns from bearish to bullish, the BullandBearWise Index would increase by 1.5.
 

Indicator Weighting
Advance Decline Ratio 1
Agricultural Prices 1
Capacity Utilization 2
Consumer Credit 1
Consumer Price Index (CPI) 3
CRB Index 1
DJIA/S&P 500 Divergence 2
Dollar Cash Index 3
Durable Goods 3
Factory Orders 1
Gross Domestic Product (GDP) 3
Housing Market Index (HMI) 1
Housing Starts 3
Industrial Production 3
Initial Jobless Claims 2
Light Sweet Crude Cash 3
Loan Officer Survey 1
London Gold PM Fix 2
Manufacturing ISM 2
Money - Zero Maturity 2
New Home Sales 2
Non-Farm Productivity 1
Non-Manufacturing ISM 2
Personal Income 2
Producer Price Index (PPI) 2
Retail Sales 3
S&P 500 Index 3
S&P 500 PE Ratio 2
Trade Balance 3
U.S. Treasury Yields 3
Unemployment Rate 3
Volatility Index (VIX) 1

BACK