Thursday, May 28, 2015

McClellan Summation Index

              McClellan Summation Index & SP500 from July 2014 to May 27, 2015

The McClellan Summation Index (SI) is another indicator that is displaying evidence of negative divergence in the stock market.  Others shown here are, buying pressure, High-Low 10DMA, daily VIX, etc.. 

The most recent high in the SI was recorded on May 13,2013 in the extended chart above produced by Worden Bros. TeleChart.  The SI has had lower highs since.

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results

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