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Editor of Market Twists & Turns — delivering unmatched stock, crypto, commodities, and forex analysis using a unique blend of Cycles, Cycle Price Projections, Elliott Wave Theory, plus technical & sentiment tools. With 30 years in financial markets, I help you anticipate turns, ride waves, and stay ahead of the crowd. Subscribe for real-time analysis and insights. Not a financial advisor.
S&P 500 vs McClellan Indicators Update
- Our trend fiend, the McClellan Summation Index ($NYSI), is indicating a trend change in $SPX, while SPX is grinding above the upper Keltner channel.
- Is the $NYSI early? Yes, it could be early by a few days, but it is a red flag, and it is not alone, many breadth and technical indicators are sending warnings.
- The McClellan Oscillator ($NYMO) looks terrible.