Jump to content



Photo

Alert: Small negative changes in both the NYMO and the NAMO...


  • Please log in to reply
2 replies to this topic

#1 Bob-C

Bob-C

    Member

  • Traders-Talk User
  • 5,316 posts

Posted 13 July 2007 - 04:14 PM

Hi everyone, here is the NYSE McClellan Oscillator and Summation Index.

Here is the NASDAQ McClellan Oscillator and Summation Index.

The NYSE and NASDAQ McClellan Oscillators have both closed down with small negative changes despite the NYA and COMPQ positive closes. The NYMO couldn't even re-tag its recent double top at the 25 level. The 5% Index remains below the 10% Index on both the NYMO and the NAMO. The NAMO tagged its recent double top forming a tripple top and then ended down.

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 Sentient Being

Sentient Being

    Member

  • Traders-Talk User
  • 4,262 posts

Posted 13 July 2007 - 05:38 PM

Thanks, Bob.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#3 Bob-C

Bob-C

    Member

  • Traders-Talk User
  • 5,316 posts

Posted 13 July 2007 - 05:53 PM

Thanks, Bob.

You're welcome SB, nice to hear from you. :) Keep up your good work. :) Good luck on your trades.

Have a great weekend. :)

Bob
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.