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Let’s get serious about the money to be made by #MarketTiming and #SwingTrading the NYMO/NYSI…
Mar 10, 2025
THE NYMO/NYSI TRADING STRATEGY
Short-term swing trading: When the NYMO turns up, it is time to buy stocks on the next open. When the NYMO turns down it is time to sell stocks on the next open.
Longer-term swing trading: When the NYSI turns up it is time to buy stocks on the next open. When the NYSI turns down, it is time to go to cash or to go short on the next open.
Of the two, the NYSI is the more important.
The NYMO is for day traders and scalpers, and it often works as an important clue to the market’s upcoming direction as the NYSI turns up or down.
Most stocks and ETFs move with the market.
Simple as that.
03/10/2025 — End of the day…
To my mind, there is no better market-timing tools than the McClellan Oscillator (the NYMO) and its Summation Index (the NYSI).
Based on NYSE breadth they rotate constantly, like an ever turning wheel, taking stock and ETF prices up and down with the direction of each.
Click to expand this charts to show the correlation with SPY, and for that matter, every thing else traded in the market.