Is the Stock Market Getting Ready to Bounce? Key Market Breadth Signal Explained

When the stock market slides significantly, it’s natural to question if the market has bottomed and getting ready to bounce. 

In this video, David Keller, CMT highlights the Bullish Percent Index (BPI) as a key indicator to monitor during corrective moves. Learn more about how the BPI is derived, what current levels indicate about the likelihood of a short-term rally, and what you should see in the BPI to gain confidence in a recovery in the S&P 500. Dave looks at how the stock market performed in past instances when the BPI was as low as it is now.

This video was published on April 10, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.