Posted by burkmere on 17th of Aug 2011 at 05:41 pm
Seems the $NYSI Weekly 5/3 Summation Index is bottoming..so it
leaves me a little puzzled. Everyone seems to have been looking for
a bounce from spx 1100..well, we've had one, but the Weekly $NYSI
has not hit rock bottom or so it appears....
Do we go back now and retest or form new lows or do we rally
more first? Hmm...
When we get this close I like to fine tune with the daily NYSI
with a small ema crossover pair. It's right there.
That's unfortunate because I might have to get out of my TZA
before I wanted to. Maybe we can get a quick rinse tomorrow.
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$NYSI Weekly 5/3 Summation Index bottoming?
Posted by burkmere on 17th of Aug 2011 at 05:41 pm
Seems the $NYSI Weekly 5/3 Summation Index is bottoming..so it leaves me a little puzzled. Everyone seems to have been looking for a bounce from spx 1100..well, we've had one, but the Weekly $NYSI has not hit rock bottom or so it appears....
Do we go back now and retest or form new lows or do we rally more first? Hmm...
When we get this close
Posted by johnc on 17th of Aug 2011 at 05:53 pm
When we get this close I like to fine tune with the daily NYSI with a small ema crossover pair. It's right there. That's unfortunate because I might have to get out of my TZA before I wanted to. Maybe we can get a quick rinse tomorrow.