McClellan Summation
The McClellan Summation is a cumulative total of the McClellan Oscillator. The interpretation is similar to the McClellan Oscillator, but the Summation indicates longer term trends. Market bottoms occur when the Summation drops below -1300. Market tops occur when the Summation rises above +1600. Major bull markets are signaled by a move above +1900 from a low.
McClellan Oscillator and McClellan Summation were developed by Sherman and Marian McClellan.
Formula:
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