INTERPRETING BULLISH PERCENT INDEXES + SIA ENERGY BP RISK LEVELS

This week, we are focusing on bisecting the energy trade, starting with Exxon Mobil as a proxy for big oil, then examining Weatherford for the service industry, and identifying outperformers like Targa Resources and TC Energy Corp in the Pipeline and Infrastructure sector. Today, we will explore the Bullish Percent Index (BPI), which provides insights into money flows and serves as a key tool for elite investment advisors. Using bullish percents alongside technical analysis enhances our understanding of the market, much like recognizing shifts in bullish signals is essential for spotting opportunities—akin to timing a leap as a cliff diver in Hawaii.

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