SPX vs McClellan Summation...Update

McClellan Summation (top) vs SPX (bottom)

Note the rising tops in the SPX while the McClellan Summation has declining tops (pink line)...
This was last posted on Tuesday, March 15,2011...At that time the McClellan Summation was descending...Today the McClellan Summation turned up and we are watching to see if it finds resistance at or below the pink descending trend line or if it breaks through it to the upside...
Below is a chart of the NYSE vs McClellan Summation 2001, previously posted...

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...


Past performance is not indicative of future results.