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NYMO, NAMO, and NYSE & NASD McSUM Indexes (turned negative)...


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#1 Bob-C

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Posted 18 October 2007 - 10:43 PM

Hi everyone, the NYSE McClellan Oscillator has risen a very small amount (+1.02) suggesting the possibility of a large market move in the next few days possibly as early as Friday. The NYSE Summation Index has inflected negatively, topped out, and is headed down.

The NASDAQ McClellan Oscillator has risen a very small amount (+0.73) suggesting the possibility of a a large market move in the next few days possibly as early as Friday. The NASDAQ Summation Index has inflected negatively, topped out, and is headed down

The NYSE and NASDAQ 10% Indexes have both gone negative and the 10% Indexes have declined under the 5% Indexes on both the NYSE and the NASDAQ.

Cheers, :)

Bob-C

Edited by Bob-C, 18 October 2007 - 10:46 PM.

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 Bob-C

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Posted 18 October 2007 - 11:12 PM

Hi everyone, the N225 is down 293, and stock-index-futures contracts are down: NDX -9.75, SPX -6.30, and INDU -39. 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.