yeah that's interesting on NAMO how it closed below its lower BB's. Typically Steve and I don't look at that unless there's been a correction.

however what that also shows is the negative breadth lately where while the index has continued to hold up - look at how the QQQ has went up all month while the NAMO has falling all month. What it shows is that the bigger stocks have been moving higher thus causing the index to go up by weighting, however a lot under the surface was weaker

NAMO chart