|
NASDAQ McClellan Oscillator @ Close 02/01/2013 |
Whilst the S&P500, together with other sub- indices march higher; the NASDAQ remains below its 2012 High (the high beta: NDX100 is still some 4% shy its 2012 High) & still exhibits a 'divergence' on the McClellan Oscillator.
Sooner or later it either 'corrects' itself (the Oscillator); or it matters!
Time will tell.