NYMO with histogram

    Posted by matt on 8th of Feb 2023 at 03:13 pm

    $SPX - Chart Link- I've shown this chart many times before. The divergence was building like the other times. One thing to note is that 2 days ago on Monday the histogram went negative. In the last when that occurred you had a larger pullback. I mark those with the vertical dotted line

    remains to be seen how it will play out this time

    Yep, you can see it

    Posted by brophy on 8th of Feb 2023 at 04:08 pm

    Yep, you can see it on this view of the McClellan Osc as well.

    https://www.mcoscillator.com/market_breadth_data/

    last 2 candles looks like

    Posted by raymuy on 8th of Feb 2023 at 03:29 pm

    last 2 candles looks like a bearish harami pattern 

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