Monday, April 1, 2013

NYSE McClellan still 'mired' @ Zero......

NYSE McClellan Oscillator 03/28/2013
Back to the Highs for the NYSE; yet the McClellan remains @/ just above Zero.....so what gives?
Perhaps this rally is getting a tad 'long in the tooth'?
The previous Week's Outside- Down chart pattern for the Dow Jones Transports does lend itself to that notion; recent weakness in the $BKX & especially JPM can also 'avail' themselves to the 'correction' prosecution case.