Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Pages
▼
Thursday, March 3, 2016
NYMO McClellan Oscillator 7-Year Record High Signals Significant Market Top At Hand
The NYMO amazingly moves higher. The previous chart highlights 94+ and today the NYMO prints 106 a record high not seen since early 2009 in the middle of the financial crisis turmoil. Back then the stock market was crashing with stocks taking huge flushes lower and also experiencing sharp recoveries. There is likely a substantial flush lower at hand for the stock market. Keystone added more index shorts today. The Keybot the Quant algorithm remains long currently. 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.