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« NYAD makes a new high | Main | SPX 60 Min Divergence »
Monday
Mar012010

Divergence in NYMO

DateMonday, March 1, 2010 at 9:43PM

NYMO divergence has been an accurate predictor of trend reversals.  The rally that started last week was preceded by a NYMO bullish divergence.  Now NYMO is showing bearish divergence although it is a little weak, but SPX has made a high above 1100 while NYMO has not made a new high.

 

AuthorPikertrader | CommentPost a Comment | | |
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