Short term (below) nearing overbought levels already.
McClellan summation index is lagging the new high on the S&P-500. Granted, if it turns upwards here, it does give a little room for the mainstream indexes to rise a little higher. But either way, it is quite depressed compared to previous recent highs since 2009 to be aligned with a fresh all time high on the S&P.
No comments:
Post a Comment