administrator Site Admin
Joined: 28 Dec 2005 Posts: 11980
|
Posted: Mon Jan 05, 2009 7:18 pm Post subject: NYMO All-Time High |
|
|
The first chart reflects the daily NYMO closed at an all-time high above 109. The second chart shows the NYMO 20 and 50 day MAs are near or at all-time highs. The NYMO 50-day MA reached about negative 30 twice in the past two years, and then SPX rose. So, conversely, given the NYMO 50-day MA is near 30, a pullback should take place.
|
|