The Double Top Test Broke to the Upside

By: Marty Chenard | Wed, Feb 25, 2015
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Last Wednesday, we reported on the Double Top test going on with the NYA Index.

What has happened since last week?

The NYA closed 0.28 above its resistance on Friday, It pulled back on Monday, and then closed above its Double Top resistance yesterday.

Inflowing Liquidity was still in Expansion during the past few weeks, so that has been the catalyst.

NYA Index

 


 

Marty Chenard

Author: Marty Chenard

Marty Chenard
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