NYMO says "What"

NYMO has been moving opposite of the market the past three days indicating a bearish divergence.  There was a divergence earlier in the month that was broken.  This time the divergence is more significant, since the market now made a new high and has not, and more signficantly NYMO has moved down.  The divergence preceding this new formation was just a opposite movement on NYMO during an SPX retracement of its decline.