The WSC Capitulation Index is calculated according to a proprietary formula. It is derived from the Smart Money Flow Index and shows when the crowd gets too bearish. A spike in the WSC Capitulation Index often marks a market bottom. This indicator prevents long-term investors from buying at the wrong time and works especially well for option traders and short sellers because of its incredibly perfect timing.
Bullish: High readings
Bullish: Drop of the WSC Capitulation Index by half of its rise, after a big spike