Chart Ideas

[rimshot]

three $NYA daily & weekly charts revised on
December 21, 2019 Friday -
monthly options expiration day & Quad Witch

$NYA daily -

* $NYMO now resides in the region of the customary
"buy zone" for the period of 2017 through 2018,
which means for the future days/weeks

that an absence of a future lasting bounce from these low
$NYMO levels confirms the initiation of a lasting firm bearish
bias for the $NYA price action



$NYA daily with $TRAN and others -

the $NYA 2018 price action displays at least 3 major periods
of lower price high sequences,
and
the final lower high sequence in the 2nd half of the year exhibits a triple top price formation




$NYA weekly -

* the 17,43,1 MACD below its zero line and
continuing to decline confirms a bearish
signature for the $NYA price action