The WSC Index Oscillator is based on 15 different price information (option data, upticks/downticks data, new highs and lows etc). This indicator is a leading indicator as it leads the price move. When the indicator is below 0, the percentage price change is negative (bearish). This indicator is especially reliable when a new high or low of the market is not confirmed by momentum.
Bullish: WallStreetCourier Index Oscillator below -0.1
Bearish: WallStreetCourier Index Oscillator above 0.1