NYMO McClellan Oscillator Daily Chart

The NYMO sinks to -69 on Monday, then a slight recovery bump and now collapses to -72. This is a level where a near-term stock market bounce would be expected to begin and a relief rally should have several days of legs. 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.