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.
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Thursday, January 12, 2017
NYMO McClellan Oscillator Daily Chart
The McClellan Oscillator is interesting. The NYMO has not printed under the zero to -10 level in over two months. That is very odd behavior. The stock market will not provide an attractive tradeable bottom for long traders until the NYMO prints inside the green circle. 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.
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