mcclellan oscillator - What the mcclellan oscillator is saying

The mcclellan oscillator is known to be a good indicator for the market, recently it reach down and created a sell signal. We told our members that we were forming a bearish rising wedge, and fortunately that was a correct call. Now we have sold off and broken down from those areas. You can see on the NASDAQ chart below is not looking healthy.

The market is hating what the fed is doing, WHICH IS, creating more uncertainty for the markets, as they continue to hold rates on ZERO.

 I cover more and more technical analysis ==> HERE in our VIP members section.

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