My McClellan Oscillator Graph - Up or Down in the Markets?This is a huge factor to watch, something to consider, Santa Claus Rally expected, or not?
I have had many financial analysts for decades always point out this chart when the markets seem toppy or indecisive.
The Dow has closed 9 days in a row, first time since the 70s, that's quite interesting, let's watch to see if the theory behind this indicator proves we are in for a rally as I expect.
The markets always tend to go higher more than one might think.