Chart for the road: A down day tomorrow will pull the trend back to down trend, %B is very good indicator to tell if continue weakness will or will not. center line is key. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Yes, however, spx is down so little... just not sync..
weekly NYMO...longer term trend...at least visit to -40 weekly nymo due in near future..
Why? Any reason? Thanks for sharing!
purely historical chart - posted a weekly vs daily 6 year look at NYMO behavior - when the NYMO pierces the upper bollinger band (10 times circled), historically speaking, there is high likelihood a test of at least the -40 level (circled green) soon after - its relatively rare for nymo to meander mid bolly for an extended period of time following upper bolly pierce on weekly nymo..
my bearish bias, watching rut as leader, as it has fallen out of its wedge and flirting with 50ma, and there's that gap on the daily on spx needin fillin at the very least b4 a bounce up......
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We did have problem sending email notifications since Jan 17, so it's right you didn't get any email when I posted a report on the members only site. I found the problem today and fixed the problem (hopefully, we'll only know when I notify you about my new report after the close). Thanks Junior Buffett for reminding me.