Swing Trading the NYMO/NYSI with the Shadow Trader’s “Reference Bar”— 05/28/2024

Market Timing to reap rewards and control risk.

Michael Petryni
3 min readMay 28, 2024

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THE NYMO/NYSI SWING TRADING STRATEGY

The NYMO is a short term market-breadth indicator based on the New York Stock Exchange Advance/Decline line, and the NYSI is its longer-term brother.

TAKEN TOGETHER, the two breadth indicators are the clearest indication of mass market psychology which is to say: market direction, up or down.

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Michael Petryni

Journalist, film critic, screenwriter, proprietary trader seeking simplicity in trading. https://thegodoftrading.medium.com/subscribe