McClellan Oscillator again: getting close to a meaningful low!?

$NYMO is at it again and racing down to the -40 and -60 levels which are important levels of which meaningful bounces and important lows have been formed. The technicals suggest further downside, but it’s getting close to OS. Keep an eye on it to see any + div develop between $NYMO and NYSE. That’s important. Overall, together with the SSTOs and counts on other ticker it appears as slightly lower lows may be on tap first before a decent bounce.

NYMO-2

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