Currently, the indicator is three times closer to ‘Buy’ than ‘Sell,’ a position that suggests a bullish future for equities.” Subramanian is pointing out the Sell Side Indicator, a sentiment gauge with an accurate history of identifying shifts in sentiment on Wall Street. However, Bank of America strategist Savita Subramanian sees a strong ‘Buy’ signal that investors should note. Markets have been highly volatile over the past few months, shifting rapidly between ups and downs.