$NYA July price low is now being tested from above, as of November 4, 2016 ... no sizable downside violation yet of the July intraday price low for NYA:
* on this NYA daily chart, the solid brown Horizontal lines I have drawn represent the most consequential price levels for potential long-term chart damage related to the prior major horizontal support or resistance levels
* bear kiss of the 100-day sma was in play during the second half of October 2016, and price has since steadily declined
chart 1 -
chart 2 -
* see the NYA daily closes vs. prior daily close lows and highs, for evaluating the improving technical health or further damage depending on what price action actually accomplishes in the future vs. the prior price closes
* bear kiss of the 200-day ema which is shown as the dashed red moving average was in play during late October 2016, and price has since steadily declined
chart 3 - $NYA monthly
* note the NYA and SPX remain near their 15,2 Bollinger Band midlines, so nothing yet to write home about as significant long-term technical damage as of November 4, 2016
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.