Replies to post #617 on Chart Ideas

[rimshot]

$NYA daily chart with $NYMO -

[rimshot]

$NYA daily & weekly charts revised on
December 19, 2019 Wednesday FOMC day

$NYA daily -



$NYA daily with $TRAN and others -

$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 potential triple top price formation




$NYA weekly -

[rimshot]

three $NYA daily & weekly charts, correctly revised:

$NYA daily & weekly charts revised on
December 19, 2019 Wednesday FOMC day

$NYA daily with $NYMO -

* a bearish condition while
the $NYA price action actually continues
to remain below the daily 50,2 lower Bollinger Band



$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 potential triple top price formation




$NYA weekly -

* a retest is underway of the $NYA price lows printed
in the March/April 2017 period ...

any future period of weeks for which price resides below
these prior price lows will represent a significant & confirming
character change for the $NYA price action

* price is now recently below the 156-week moving average
( represents 3 years of price action )

[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