I placed a SAR over the $NYSI and use it as a general market trend oscillator. Unfortunately, the daily version of $NYSI is the shortest timescale available on Stockharts. On the below chart, the $NYA is making higher highs, but the $NYMOT is making lower highs. To me, this is suggesting a rollover of $NYSI is soon. GLTY
My charts were just about ready to rollover into the bear too yesterday, but then this morning happened. I think they will be delayed again by a day or two. I have been holding my short positions and when I have time, I'm day trading them to offset my losses. The bull market is always going to be stronger than the bear market, but when the bear market trend continues, it always moves quickly down.