NYSI review

Lynxx

1. On daily chart, NYSI's middle Bollinger Band (20,2) (i.e. SMA20 of NYSI) changed direction to downward. NYSI MBB rarely changes direction, once it does, it doesn't go back. In last 3 years, after an intermediate term trend has run a long time, new MBB direction has mostly confirmed a new intermediate term trend.
2. BB width is very small now, suggesting that a large NYSI movement is coming soon. Most likely it will be a downward movement because of the direction change of MBB and
3. Downtrend of NYSI gauged by MACD has been established for a while.
So it is very possible that an intermediate term downtrend has started.

There were exceptions that NYSI and NYS moved in opposite direction (in 2007).  Those negative divergences followed by sizable drops later.

gege88

thank u

yw02

Thank you!

xiaoyaoxl

我觉得nysi已经和大盘的macd差不多了，为什么还有看nysi的macd

seabiscuit

Thanks for sharing

lake3peat

Thanks. Good stuff!!!

Lynxx

NYSI is based on number of advancers and decliners on NYSE. There is no price information in it.
MACD of general market (such as INDU/SPX/NAZ) is price based. They may look similar as NYSI, but they are totally different.
I used MACD of NYSI to estimate the direction of NYSI, not the general market.

rightonmoney

Lynxx

rightonmoney 发表于 2009-6-16 00:22

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acura

thanks

buctusa

Billyboy

Ding

coexist

Thanks for sharing

Diver

Ding!

1# Lynxx

coexist

review again