Last week I wrote about there being some confusion on the SharePlanner Reversal Indicator.

There were multiple reversals within a short time frame, and direction wasn’t entirely clear. With this week’s breakout to new all-time highs though, that confusion I spoke of, can be put to rest now. The direction issue has resolved itself on SPRI and is pointing to further prince gains going forward. market breakout to new all-time highs

The chart below speaks for itself and has aligned itself nicely with current price direction with the broader market. 

shareplanner reversal indicator weekly 7-13-16