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

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