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Thursday
Jun242010

NYSI

DateThursday, June 24, 2010 at 8:35AM

A cross above or below zero is considered bullish with this indicator.  Right now NYSI is below zero and crossed below it around a month ago and the market has declined since.  Now NYSI is having trouble getting above the zero line, which would be bullish.  Below is a chart of the NYSI and it's zero crosses.Keep an eye on this indicator.

AuthorPikertrader | CommentPost a Comment | | |
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