Wed 11 Jun 2008
Signal For ForexGen wrote an interesting post today on
Here’s a quick excerpt
SPX Intermediate-Term Peak By ivava | June 11, 2008 The NYSE Oscillator indicates the stock market is near or has reached an intermediate-term peak. The two charts below are same period weekly charts of the NYSE Oscillator and SPX. There’s generally a positive correlation between the Oscillator and SPX. Normally, when the Oscillator is around 50, SPX is near a short-term top, and when the Oscillator is around negative 50, SPX is near a short-term bottom. Currently, the Oscillator’s
Read the rest of this great post here
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