Tuesday, March 15, 2011

SPX vs McClellan Summation

SPX vs McClellan Summation 2010-2011
Note the rising tops in the SPX while the McClellan Summation has declining tops (pink line)

NYSE  vs McClellan Summation 2001

This chart was on the McClellan Financial Publication website...Note that the pattern of the McClellan Summation for 2010-2011 is very similar to the 2001 chart...In 2001 the market finished the pattern with a September 2001 sell off...

How will the 2010-2011 pattern be resolved?

Past performance is not indicative of future results.
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