Monday, April 22, 2013

McClellan Summation: October 1st


The S&P 500 is approaching cycle termination October 1st. Will we see a 45.4% move? McClellan Summation Index is dangerously close to a zero breach, it is way beyond bearish divergence at this point. The Call/Put ratio shows a coiling action towards unwinding around that time. A Fascinating look at the 'internals'...

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