Posted by timebandit on 28th of Sep 2022 at 12:57 pm
Three hours to go, but at this point today $NYUD is highest it
has been in last 5 years. Actually, it's the highest reading since
2011, but difficult to read that chart
If you look at that chart back in 2011 (when there was a higher
reading), it was on an oversold bounce, and $SPX price came back
down to retest the low after that one-day bounce. For what it's
worth. I added the 2011snapshot so you can see the high reading on
bounce off low in early August 2011
Three hours to go, but
Posted by timebandit on 28th of Sep 2022 at 12:57 pm
Three hours to go, but at this point today $NYUD is highest it has been in last 5 years. Actually, it's the highest reading since 2011, but difficult to read that chart
https://schrts.co/UMQdIVEb
If you look at that chart back in 2011 (when there was a higher reading), it was on an oversold bounce, and $SPX price came back down to retest the low after that one-day bounce. For what it's worth. I added the 2011snapshot so you can see the high reading on bounce off low in early August 2011
Thank you. Good chart
Posted by pkrsek on 28th of Sep 2022 at 01:21 pm
Thank you. Good chart