Interesting charts from Ron Walker. Ron believes a BPI reading below 50 will signal a bear market,70 is warning level/overbought.The gap up in the Vix today is a warning.The Russell gapped down and made a lower low,which may also be a warning as it is higher beta and sometimes leads.The Renko chart on the Summation Index has turned down.

http://thechartpatterntrader.com/