The WSC Capitulation Index is calculated according to a proprietary formula. It shows bottoms when the so called "crowd" gets too bearish. It does not appear very often but it is extremely reliable when the market is at a turning point. It prevents long-term investors from buying at the wrong time and works especially well for option traders because of its incredibly perfect timing.
Bullish: High readings
Bullish: Drop of the WSC Capitulation Index by half of its rise, after a big spike