DowDeva, i do not know what MCO you are looking at, pl identify what chart, of which one?
Regard MC Sums for Both Nasdaq and NYSE inverted ledges,
as you say NYSE is ABOVE 0 line thus is very bullish. I consider the Nasdaq Sum also becoming Bullish, that is one of the indications of Upward Force.
Both MCO's are entering the cluster areas, but with the Force today particularily in the Nasdaq, I see little problem tomorrow, unless it be Late in the Day. Not early. NYSE and more practical for trading, the SPX, needs to be watch throughout its rise as it is moving more slowly and the Large Caps have not yet show strong enough desire to contribute, that is why i said watch IBM, MSFT, GE. Usually i only have people watch IBM, but if we need addition Force present, we need a broader watch, ie i added MSFT and GE (software and conglomerate)
If I am to get involved with what you see... I need more info on the chart, and what you are in detail seeing. What are you alerting us to? a problem? an early warning?
I only gave an "all clear" eccentually for Tuesday (my voice has some risk, but i feel okay about the call) I Would not attempt to call 2 days in a row, in Options week, in Earning Period, and in this crazy negative environment.
Send me a note when you get home, I will look at it, later tonight or early morning.
thanks, Chichi2
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