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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Patrick Slevin who wrote (301)12/4/1998 10:29:00 AM
From: Challo Jeregy  Read Replies (2) of 99985
 
Morning Patrick.
There are two indicators: the McClellan Oscillator and the McClellan Summation Index.

The oscillator is more short term, 1 to 3 weeks. The summation is longer term. I've watched both of them for over a year, particularly with more interest since the Oct 97 drop, and I have found that they are excellent indicators for determining market direction.

JMO, Challo
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