“I am so bearish on the stock market, I am growing fur… “The US market’s foundation is crumbling, according to my calculations – just as it did in 2000 and 2008.” This was the verdict of Mark D. Cook, a top analyst and trader who likes to measure several internal…
The McClellan Oscillator is a very useful tool in chart analysis for spotting short term reversals and extremes in the market. Traders can use its signals to identify potential tops or bottoms in the market. The McClellan Oscillator ranges from +100 to -100. Signals on the McClellan beyond the +80…
The McClellan Oscillator gives an “oversold” or “bottoming” signal for stock markets. This “oversold” signal is usually a reliable “long” or “buy” signal for stock markets. Take a look at this chart of the McClellan Oscillator and notice when it went below the (minus) -80 level: Now take a look…
If history repeats itself, then we could expect a temporary bounce in the US Market Indices, and perhaps even a market bottom from here. So far this month, the old saying “Sell in May, and go away” has proven to be a good strategy, with most stock markets down by…