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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 B. Scenario B
Incorrect. The NYSE Bullish Percent is on offense and the field position
is still good at 54%. When the NYSE Bullish Percent is at such a field position, stock and sector selection will
be extremely important.
Go back to the question.
Go to next exercise.
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