Table: Bullish Indicators
The ratio of advancing issues on the N.Y.S.E. to declining issues on a moving average.
The percentage of investors who describe themselves as bullish. A contrarian indicator: The smaller the percentage of bulls, the more bullish for the market.
RATIO OF NASDAQ-TO-NYSE VOLUME
The gauge for the level of speculation in the market. A ratio of 2.0 is speculative; a ratio of 1.3 is considered healthy.
INDEX OPTIONS PUT-CALL RATIO
The ratio of put options on the S&P 100 index to call options. A contrarian indicator: The greater the ratio, the more bullish for the market.