updated NYA monthly chart since August, 2009, with SPX, INDU, and USO (oil)-
this chart #1 is followed by three SPX weekly charts accompanied by a total of 15 sector ETF's vs. their 10-week ema ... these four charts are meant to be interpreted by using all the data presented within the entire group of charts:
*** as of November 11, 2011, the NYA price action is like the RUT in that it displays a noticeable level of negative divergence:
1. from the other indices,
2. from the oil price action, and
3. from the price action by some of the sector ETF's (keep in mind that selected RUT components have an influence on the group of NYSE Common stocks within the NYA index)
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