Web Statistics The Sentiment Trader
Showing posts with label nymo. Show all posts
Showing posts with label nymo. Show all posts

Wednesday, 14 August 2013

nymo shows the way

The NYMO chart below is telling us the market is taking a break right now, and does not look healthy at all. Its currently at -43.






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Sunday, 28 July 2013

NYMO chart

NYMO chart

We are -57% on the NYMO.

The NYMO tends to trade around inside the bollinger bands quite nicely and as you can see it does not like to trade outside of these. Only on rare occasions does this happen. We are again close to the bottom bollinger, and even though the market is very overbought we seem to be holding quite well.





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