Replies to post #7321 on Abet Chichi2 (Chichi2)

[chichi2]

Chi2: Lana et All, based on MCO smallchg signals for NYSE, DOW, and TOTmrkt (Wilshire5000) i expect a major move starting the new trend probably on Wednesday, in either direction.

McClellan Oscillators for NYSE RA and Nasdaq
http://www.decisionpoint.com/affiliate/McOsiRA.html

Previous posted
http://www.investorshub.com/boards/read_msg.asp?message_id=2151999

My present presumption is that these will be Down in these Indices based on the McClellan Summation Indices action, and that NYSE Index did not make New Highs to break out of its range.

To overcome my thoughts, NYSE must break above its present Range. Or to confirm my thoughts, NYSE must break below its 10 day SMA. You will note the Strength of PPO is waining, and the Oversoldness of VIX is overextended. More Oversoldness is possible but at sometime soon it will breakdown.



SPX has yet to show the concern symptoms of NYSE. The basic question is will the Large Cap show this softness too?



DOW does show some symptoms.


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For those interested in what Bradley Models are saying at this time: http://www.investorshub.com/boards/read_msg.asp?message_id=2144335

For DOW vs Bradley Model visualization purposes: http://www.investorshub.com/boards/read_msg.asp?message_id=2152440