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Exercise #3
Shown here are four scenarios for the NYSE Bullish Percent.
Click the most appropriate scenario given the description.
2.)In evaluating your individual positions in the account, you find that most
stocks are still on buy signals but some stocks are starting to give initial sell signals and many are coming from well
above their bullish support lines. You've started to use some protective puts in your account. Which NYSE Bullish
Percent picture is most likely to correspond with this situation?
Your answer was A. Scenario A
Incorrect. The NYSE Bullish Percent has reversed up from below 30% which is
considered the "green zone" or low risk area. This type of oversold condition typically only happens once every 3 to
4 years and when it does occur our strategies are offensive in nature.
Go back to the question.
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