Thought it to be nice to review the status of the BOP indicator. The first chart is the current relationship of the SPX and the VXO. VXO is also a measure of money flow in a round about way as it indicates the "speed" of change in the Index. Sideways thinking I know, but think outside the box for a moment and you will get the intent.
The next five charts show the BOP indicator on the VLE, NYA and the SPX short and long term. As you can see we are very weak.
Comments are welcomed,
mss
