$NYMO approaching down trend line. Bearesh div of SPX to
Lower highs on $Nymo consistently occurred before market pull backs
in 2019/2020.
Tom McCellan wrote an article in Jan 2020 regarding watching the
declining lower highs trend line as bearesh. $Nymo is now
approaching the TL. If it breaks through could be bullish
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$NYMO approaching down trend line.
Posted by elliotw on 24th of Mar 2020 at 07:22 pm
$NYMO approaching down trend line. Bearesh div of SPX to Lower highs on $Nymo consistently occurred before market pull backs in 2019/2020.
Tom McCellan wrote an article in Jan 2020 regarding watching the declining lower highs trend line as bearesh. $Nymo is now approaching the TL. If it breaks through could be bullish