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the Nasdsaq McCellan Oscillator. Basically shows breadth of companies. I put more priority on the positioning analysis I do which suggests markets remain under pressure for now, but we do see that the NAMO has got to very low levels. This suggests that soon we probably get some type of relief.

by /u/TearRepresentative56 in /r/TradingEdge

Upvotes: 60

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