Could we top out it here $DJI at 12k and $SPX at 1300? Maybe, but based on the McClellan Oscillators markets still have room to run.
McClellan Oscillator as a market breadth indicator that is based on the difference between the number of advancing and declining issues. It is primarily used for short and intermediate term trading. More info on the McClellan Oscillator could be found on StockCharts.com - Stock School.
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