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NYSE and NASDAQ McClellan oscillators...


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#1 Bob-C

Bob-C

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Posted 10 July 2007 - 05:52 PM

Hi everyone, here is the NYSE McClellan Oscillator and Summation Index.

Here is the NASDAQ McClellan Oscillator and Summation Index.

The NYSE and NASDAQ McClellan Oscillators have closed below the zero line.

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.

#2 Bob-C

Bob-C

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  • 5,316 posts

Posted 10 July 2007 - 07:33 PM

Hi everyone, here is the NYSE McClellan Oscillator and Summation Index.

Here is the NASDAQ McClellan Oscillator and Summation Index.

The NYSE and NASDAQ McClellan Oscillators have closed below the zero line.

Cheers, :)

Bob-C


Note, the McClellan Summation Indexes for both the NYSE and the NASDAQ Composite Index have continued to make lower highs as the NYSE has made new all-time-highs and the NASDAQ Composite Index has moved higher. This is a negative divergence.
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.