So, laoda. This is what I am thinking:
From the divergence relationship between NYMO and NYA, we should conclude that we will have a lower NYA. BUT that does not garentee we will have a lower SPY, right? Just like today, we had lower SPY, but not LOWER NYA. Since NYA and SPY are not totally 100% corelated.
So, laoda. This is what I am thinking:
From the divergence relationship between NYMO and NYA, we s ...
我是谁 发表于 2010-6-29 22:21
You're right about NYA lower low <> SPX lower low. But I said SPX lower close is based on NYADV not NYMO. So still SPX most likely will have a lower close ahead.