McClellan Oscillator Turns Higher

09/04/2009 10:56 am EST


Thomas Aspray

, Professional Trader & Analyst

Click to Enlarge

The NASDAQ McClellan Oscillator turned higher Wednesday and rose further after Thursday's positive A/D numbers. It reached moderately oversold levels at -171 on Tuesday. Positive A/D numbers on Friday should signal a move to the +100 area. The key resistance is now at 2035 and Tuesday's early highs.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
MSG Networks: A Sporting Chance
12/12/2018 5:00 am EST

Validea is an advisory service which assesses stocks based on the investing criteria of many of the ...