The WallStreetCourier Global Momentum Indicator measures the percentage of 36 global stock market ETFs, which are having a higher momentum scoring than riskless money market within our Global ETF Momentum Heat Map. The momentum score measures the trend direction and the relative strengths of each underlying market within 3 different time periods. So therefore, this indicator gives a good picture, how many global markets are in strong long-term up-/down-trend.
Bullish: WallStreetCourier Global Momentum above 0.5
Bearish: WallStreetCourier Global Momentum below 0.5