RYNVX another extreme reading

Last posted on January 19,2016
Updates in BLUE - RYNVX inched closer to another extreme reading

RYFXX - Rydex US Government Money Market
RYNVX - Rydex Nova Fund Investor Class (Long Fund)
RYURX -  Rydex Inverse S&P 500® Strategy Fund Investor Class (Inverse Fund)

RYFXX   3-10-09   $1,367Mil   3-10-15   $655Mil     9-9-15    $1,434Mil
                                                                                 9-14-15   $1,451Mil    
                                                                               10-26-15     $862Mil
RYNVX    3-11-09  $22Mil     5-14-15  $177Mil          9-4-15       $53Mil 
                                                                                    9-14-15      $52Mil
                                                                                  10-26-15    $140Mil
                                                                                  11/27/15     $182Mil
                                                                                  12/10/15     $187Mil
                                                                                  12/29/15     $189Mil
                                                                                   1/15/16        $51Mil

                                                                                   1/19/16        $37Mil
                                                                                   2/18/16        $37Mil
RYURX   3-9-09        $353Mil   5-4-15   $58.34Mil      9-9-15    $148Mil
                                                                                    9-14-15   $172Mil
                                                                                  10-26-15   $117Mil

Note  The RYNVX is now near another potential extreme.  It is currently at $37Mil again which is $152Mil less than the $189Mil recorded on 12/29/15 before the January & February market correction and only $15Mil more than the $22Mil recorded on 3/11/09...
***Also note that it is currently at the same $37Mil that was also recorded on 1/19/16 at the January low....

*If this maybe a hint that a turn in the market is near and it turns out to be correct, we then understand why the Buying Pressure chart has been giving another positive divergence indication.  Looking for a buildup of more evidence.

This low dollar amount in the RYNVX long fund displays fear in the market...

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. 
Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results