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ProShares UltraShort Dow30 Message Board

  • keybotthequant keybotthequant Jan 31, 2012 1:50 PM Flag

    NYMO McClellan Oscillator Chart is Bear-Friendly

    McClellan Oscillator chart shows the market bottoms occurring at the red line or lower. Double red cirlces are significant broad market bottoms. Above the green bar is solid bull markets with the double green circles identifying significant market tops. Price is on the verge of losing the green line. What do you think will happen moving forward? Do you think the double green circle on the right hand side is correct? Check tonight's print to see if the NYMO drops under the 20 level, or not.

    For NYMO chart use search box for keystone speculator.

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