Tuesday, November 22, 2011

NYMO NYSE McClellan Oscillator Daily Chart

NYMO is now at -73 consistent with where the markets receive a bounce after extended selling.  The dots on the bottom show significant lows with the NYA and dots across the top are tops in the NYA. Thus, once under -50, the chance is very high for a rebound bounce for markets. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.