NYSE McClellan vulnerable again......Cyprus?

NYSE McClellan Oscillator @ Close 03/15/2013

The New Highs scored after the late February 'dip' have NOT been matched by a similar move in the McClellan; leaving the market (NYSE) vulnerable to exactly the weekend's developments regarding Cyprus & the renewed concerns this will raise with the EMU & the other PIIGS debt.
Just when you thought the 'coast was clear'........

NYSE & NASD McClellan both BELOW ZERO......

NYSE Daily McClellan Chart 02/28/2013

If one is a short- term tactical type? Short.
If one is more medium- term & long; sell some.
If one is simply nervous & been around markets a long time; some S&P500 1250 3- Month Puts may just be the 'call'.
Any way one looks @ it; EXIT looks the way of it?
Not advice; just saying.

NYSE McClellan hovers @ ZERO......

NYSE McClellan Daily Close @ 02/19/2013

New Highs for many indices; the McClellan Oscillator still 'hovering' @ the Zero Line. Until a clear Weekly Chart Pattern (EG: Reversal) 'sign' is witnessed, the Oscillator  is best viewed as a 'warning' & NOT reason enough to abandon longs............yet.

Singapore's Straits Times Index ($STI)

Singapore Straits Times Index: Weekly close @ 02/08/2013

A change of pace with the $STI, what with talk of China's recovery & Japan's old- style 'fix' with a weak Yen, is the STI telling us (with an Outside Down Week) that that which helps Japan (weak Yen) may NOT assist the cause for the rest of Asia (a la 1996/97)?
The trending DMI/ADX offers the 'au contraire' viewpoint as it still says 'higher'.
We'll see soon enough.

NDX100 still struggling; GAP remains @ 2666

NDX Daily Close @ 02/06/2013

Is the broader market holding the NDX100 'up'; or is the NDX100 keeping the broader market from 'advancing'?
Either way; it is what it is, where the balance of outcomes resolves itself...who knows...but the GAP @ 2666 will be 'filled'.