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The current Summation index is at 3,342.99 (which is well above the zero line at the moment).
The current reading for the McClellan Index is at 64.906 joe run <run_for_your_life2003@xxxxxxxxx> wrote:
I follow the McClellan Summation Index for the last 20 years ...it will tell you quite well which direction the market is headed. Also the NYSE Bullish Percent Index will tell you what is the Health condition of the Market.
The Summation Index was 100% correct on the 1987 October crash.
When the NYSE Summation goes through the zero line "GET 100% OUT OF ALL YOUR STOCK WITH GUSTO" without any questions.
This software program is excellent that they included this index...but how do you get the correct McClellan Summations numbers programmed correctly???
Do they have a long version of this index instead of a one liner?
jnk1997 <jnk1997@xxxxxxxxx> wrote:
Hello all,I know this is not AFL formula related but bear with me and please share your thoughts. I went "all cash" in my trading account during Thusdays rally in order to protect substantial profits.Most of my Amibroker indicators (and a few "custom" indicators) are telling me the Markets headed flat to down.All the TV Stock show "Talking Heads" this (saturday) morning have their "rally hats" on, including a noted chartist (Gary Smith - has been wrong before, as we all have).Am I "out to lunch" here or are many of you seeing what I am seeing in the charts (Dow, S & P and Nasdaq)?Send BUG REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to suggest@xxxxxxxxxxxxx-----------------------------------------Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web
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