McClellan Oscillator joins the fray.......lower

NASDAQ McClellan Oscillator @ Close 10/30/2103

The Oscillator now back below Zero; the recent Highs in the 'high beta' NDX100/ NASDAQ......NEVER confirmed by the Oscillator & as such the warning that this rally was becoming 'terminal'.
As always; follow through lower is the 'proof' that the warning has been correct.