![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0gf41oK_Kfo6FGDEn3fFkl_hzZTeK6_lSc8bjIv8rJEHzC0g7DNqrmq8qzx68XxOn1uWZly9f05KarrAHmQPZefe7rwLRQ3UWhxSvOZc-_s2O561Unhbns3TUwg2OZoMHSm654mBQbyg/s320/$NASI.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi20PxWGwFC1GGTHiylGrXv7OluEtdIMnHYhyMumeUqfWG-pggS7RoK8yLHwoPAZi-RPqLLfEov-VJ2nB3W_CnXDgwuUrN2ucUHfjee1ClXcLlt_PsgDuYgl0nX9CjKZ9hfU2GXYLpwYJQ/s320/$NYSI.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgcv0UCKrklh91DYUsohyF2QOZHiH8LBwjLwkPUnud80pH-zhTPOWd9SaxHbHkv17I-iYSTajXpfTRfFXpOkvW6DZ1jSehVPo6cvNaSVyadZEePmYNt92wmZTrup5ivOe24tRQhtKnK1ig/s320/$NDX_trendlines_22_10_08.gif)
Up to date....
It may start to move up on or around the 28th, as that was a 1.0 node on a smaller scale, or perhaps the 31st. as the end of months have a bullish bias...
Notice that the $NYSI breadth indicator is (so far) still respecting, but at the bottom of, it's old channel, The $NASI (breadth indicator for the $NDX) has shot down clean through it. Anyway you look at it, the markets are extremely oversold, and we are entering the most favorable time of the year....
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