Subject: Re: CNN Index at 77 = "Extreme Greed"
Why not use the BCC signals instead? Right now, the signals are:

40-week SMA Slope: positive - Bullish
NH-NL: positive - Bullish (excellent market breadth across many sectors - homebuilders, retail, tech, even small caps)
99-day: Bullish - we just made a fresh 52-week high in SPY, so this resets the signal to all clear

With all three BCCs bullish, this is NOT the time to be bearish, IMO.