by Tom McClellan | Mar 10, 2021 | How I See It
The nature of structures in the McClellan A-D Oscillator carries important information about what lies ahead. A “complex” structure chops up and down without crossing the zero line. Such a complex structure implies strength for the side of zero on which...
by Tom McClellan | Jan 13, 2021 | How I See It
We are seeing some wild numbers for NASDAQ share volume lately, much bigger than anything in recent years. This points to a speculative blow off underway. For many years, analysts have looked at the ratio of NASDAQ to NYSE volume as an indicator of tops...
by Tom McClellan | Nov 4, 2020 | How I See It
Gold prices are important not just to traders of gold coins. They are also a great leading indicator of many things that will happen in the future. A recent chart shows one of the messages we can take from gold prices, which concerns long-term interest...
by Tom McClellan | Jun 24, 2020 | How I See It
Back on March 19, I wrote the article “Stock Market Showing Another Example of ‘Rogue Wave’ Behavior.” Figure 1 (from June 11) is an updated version of the chart from that article. The only change is that three more months’ of price data for...
by Tom McClellan | Feb 5, 2020 | How I See It
Small-cap stocks have been underperforming large ones since mid-2018, and this underperformance should continue until the end of 2020. Figure 1 shows a relative-strength line (green) for the Russell 2000 Index (R2) versus the Russell 1000 (R1). It is a...
