Tag: McClellan Oscillator

NASDAQ McClellan Oscillator ($NAMO)

The NASDAQ McClellan Oscillator, a short term breadth indicator, began a downtrend on Wed. Whether this turns into a sustained move lower remains to be seen, but it is an early warning sign that you should be aware of. To my dismay, I was stopped out of one of my favorite leading stocks, STEC. Weakness…

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August 6, 2009 August 6, 2009 By charlie In , , , , , , Comments Off on NASDAQ McClellan Oscillator ($NAMO)

NYSE McClellan Oscillator ($SPY)

The best market news I’ve seen is the positive move in the NYSE McClellan Oscillator. This is a very handy short term indicator, and it is saying we have more bounce on the way. It remains below the zero mark so I’m not in a rush to get invested, but I’m getting less cautious about…

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June 24, 2009 June 24, 2009 By charlie In , , , , , , Comments Off on NYSE McClellan Oscillator ($SPY)