Cobra's Market View

Potential Bullish divergence forming on NYA vs 02/12/22. MCC Osc. -111 on 02/12/22 vs -21 live per Think or swim. Sorry no chart.

The Hindenburg omen indicator will be negated today if the McClellan Oscillator closes above 0 (currently at 27.33 Think or Swim), 4 signals started 11/17/21 on NYA. Plus if we get 8/1 or greater up volume/down volume on NYA it will trigger a long term buy signal.... Combine the two could trigger sh...

Quick update. Friday's low came with a positive NYMO divergence. That offers bullish implications either for a corrective move to the zero line or a full NYMO upcycle. We'll find out later if this is corrective or a new trend. We still have unfinished business at our benchmark price of SPX 3205.37....

overbought levels

McClellan Oscillator (traditional) has settled within a 7 pt range last 5 days. I have never seen this before in the decades of watching this indictor...pushing the summation indictor to slightly over sold levels with still room to run before extreme levels. Need to see new lows expand before any re...

Interesting that that the McCllellan Osc. for the NYA poped above 0 Tues and up to 80 on Wed. while the Mcl Osc. on the SPX, INDU and XLF are are all still below 0 despite the recent rally...are the Generals getting tired (GE and GS)...fyi IWM NDX and the Comp McC Osc. did pop above 0 on Tues and st...

New highs on both the NYSI and the COMP have both exceeded yesterdays highs...NO neg diverg there.

Hey Al...If you have TOS the code for the RUT AD/DC is $ADRLDC which is -147 while the SPX is at +101 eventhough the nya is also -103

Thanks...I have generally found that buy signals (divergences work better than sells)...and when they don't work (sells) we get a big move in the other direction.

Hello Al..a few weeks back you asked for a symbol for the IWM for McC OSC...As you said Stockcharts doesn't have one but etfinvestmentoutlook.com has end of day data (free) for that and most etf"s...hope that helps.

Hello Mr BachNut...always look forword to your Friday updates. I am sure you have noticed that the McC Osc hasn't taken out the 2/3 nor the 1/25/17 highs yet...a marginal new high Fri. and rejection may spell a short term top plus we get the "bonus full Moon" on 2/11/2117...Unless of cours...