Breadth momentum cools down

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-29 at 11:30:00 CDT

The McClellan Summation Index has curled down from an extremely high level, after holding above it for weeks. This kind of high, positive, and protracted momentum underlying the market has had a consistent tendency to lead to higher prices over the next 6-12 months.

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