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McClellan Index Slowly Heading Downward

By Liz DeMera

NYSE McClellan Summation Index is starting to show some weakness as it has made a lower high from February 2012, while the SPX has made a higher high. I look at this for its direction and for now it's beginning to point downward, the next few days to a week in the market will be critical as it's showing downward momentum.

This was written by @lizdemera , who uses market technicals, to determine the stock market's performance.