For the latest week, the decrease in Initial Jobless Claims and the increase in Durable Goods added an unweighted value of 5 to the Index. The drop in New Home Sales and Personal Income subtracted an unweighted value of 4 from the Index.

During the week, Gross Domestic Product (GDP) remained on-trend and did not affect the BullandBearWise Index.

For the week, the cumulative unweighted change was plus 1, resulting in the Index rising to 49.25.

The indicators used in the BullandBearWise Index are weighted based on the table available at http://www.bullandbearwise.com/calculation.asp. 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.


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