What is a Sherman McCellan Timing the Market with Unique Indicators for Cheap?
The ability to time the Market bottom of a correction is the holy grail of trading. There are not many tools out there that can consistently indicate when a rabid market correction is done. Throughout my decade-long trading career, I have found one indicator that can consistently do so: The McClellan Oscillator.
What Is The McClellan Oscillator?
The McClellan Oscillator is an indicator used to show the breadth of the market in terms of advancing and declining issues in a stock exchange. The indicator fully reflects the changes in the sentiment of the market as an index, strong shifts in the indexes are referred to as breadth thrusts. Through divergence or confirmation, the indicator can also be used to measure the strength of the index trend. So in other words, it can predict future rallies as well as its ability to indicate when corrections are done.