NYMO McClellan Oscillator and NYA NYSE Composite Daily Charts

The NYMO is consistent with where a near-term bottom is on the table. The green circles show stock market bottoms and the red circles show stock market tops. What do you think will happen? Generally, the stock market rallies when the sub -40 level and lower is reached. The McClellan Oscillator is in that ball park now.

The NYMO above +40 tells you a near-term top is at hand very soon and boom, the NYA drops from 12620-ish to 11696 in four quick days; a -5% drubbing.

The SPX 2-hour and daily charts are set up with possie d. The NYMO is agreeable to a bounce. The CPC and CPCE put/calls are at elevated levels indicating heightened fear and panic agreeable to a near-term bottom. The S&P futures were down -10 a couple hours ago and now are launching higher up +17 points.The Chinese communists are talking nice on car tariffs providing buoyancy in the futures. Copper is up +1.4% creating market optimism. The bulls are cheering ready to buy stocks with both hooves. 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.