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Hey {{ first name | Market Timer }}!
McClellan Summation Index and McClellan Oscillator have helped me many times to anticipate turns in the stock market.
$SPX ( ▼ 0.67% ) is grinding higher above the Keltner Channel, signifying a strong trend and an overbought condition.
McClellan Indicators are diverging from the SPX, flashing yellow flags.
McClellan Summation Index, the swing trend indicator, is stalling, while the McClellan Oscillator is dropping sharply.
Does that mean that SPX topped?
No, it does not; SPX can grind higher for a few more weeks, but these indicators are alerting us to watch for a reversal, including your other favorite indicators and confirming price action.
Our primary technical indicators are cycle turning points (in time) and price projections, reinforced with Elliott wave patterns.

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