McClellan Summation Index Remains Challanged

From zentrader.ca | trend analysis
December 31, 2013 - 9:29am

By Liz DeMera The NYSE Summation (raw data) requires +2000 advancers to halt its downward direction. The down direction is not a positive sign for the market. When the market next rallies this is something we want to watch carefully as a failure to get through +2500 area (see chart below) could be a possible failure. [...]


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