NYMO McClellan Oscillator Daily Chart

NYMO showing the green circles marking tops in the broad markets, and the red circles marking bottoms. Double circles are major tops and bottoms.  We will see if the current conditions result in a double circle as time moves on.  These extremely low readings currently are consistent with marking a bottom and a snap back rally for the broad markets is expected at any time. 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.