A simple way to detect market bull or bear

[cofioqhz43]

A simple way to detect market bullish OR bearish.
sum stocks on RSI 70 zone and sum stocks on RSI 30 zone.
if bullish , RSI 70 line will go up, RSI 30 line will go down.
if bearih , RSI 30 line will go up, RSI 70 line will go down.

[csqpltmm32]

SNP eod oct 15 Attached Thumbnails http://www.trade2win.com/boards/attachments/trading-systems/180586d1413417655t-simple-way-detect-market-bull-bear-snp1015-rsi-70-30.png (http://www.trade2win.com/boards/attachments/trading-systems/180586d1413417655-simple-way-detect-market-bull-bear-snp1015-rsi-70-30.png)

[daauduol98]

RSI as a stand alone stochastic is a terrible indicator to base market timing on

[cyjonerp17]

Or you could just zoom out to a daily/weekly/monthly timeframe and have a look whether it's going up or down?

[Danielei]

It doesn't take a genius to look at the S&P or the NASDAQ or the DOW and tell whether it's trending up or down.