rv

NYSE Composite Index (Weekly). Setting up for brake_out.

rv  
INDEX:NYA   NYSE Composite
96 6 2
Broad based Index , setting up for a potential brake_out above 11100 level.

Within 2011 Channel.
Hitting resistance at 2014 horizontal resistance.
Triangle break_out and retesting in process.
Within BB. Above 50 sma .
jangseohee
2 years ago
Hi,
IMHO price is loitering under 2009 uptrend line, irregardless of how much break out NYA can make, i still have some reservation
snapshot
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rv jangseohee
2 years ago
Hi. sure. I just wanted to point out the potential that exists, at this overlooked, sometimes, broad based Index. Correction is possible, at this juncture.
+1 Reply
jangseohee rv
2 years ago
fingers crossed :-)
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rv jangseohee
2 years ago
haha, not on this one. :) . just an indication for now.
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rv rv
2 years ago
There is also, a similarity relative to the Euro Stoxx 50 Index, and/or a potential lag or just a currency match.
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jangseohee
2 years ago
ok
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