BMI Broad Market Index?


#1

Hey, I’ve been looking everywhere in this forum. I can’t find information on the Broad Market Index. What it is, and how to properly Read it. Do you have a video on it or something.


#2

Here “http://www.youtube.com/watch?v=C_so4MjTUnw” is the video on how to set it up… When trading indices, you look at what the trend of the BMI is compared to what entry signal APEX is giving you…for example, if BMI is trending down, 3 of the 4 indices are down and you get a green long APEX entry, I wouldn’t take it. It is a helpful and useful tool. You can also watch any video Darrell does about walkthroughs on an index. He will invariably talk about it. Happy Trading!!! Brad


#3

Thats is you got it :slight_smile: