Why you should own Investor's Advantage
Stock Market Analysis
Stock Indicators
Daily Stock Market Barometer
Weekly Stock Market Barometer
Relative Strength Analysis
Retrieving Stock Market Quotes
About Us
Investment Related Books
Feedback and EMail
Useful Links
Financial Resources
Your Security
Stock Selection and Market Timing
Relative Strength Analysis
Making Sense of Business and Financial News
Stock Market Trading

Here are some other interesting products:
The MasterTrader eBook
Your complete guide to active trading/day trading. Learn proven strategies and make money consistently! Click Here!

Sure Fire Trading
Trading systems, methods and signals. Who else want's to trade like a Pro?
Click Here!

Summation Index

The Summation Index (SI) is the companion to the McClellan Oscillator. It is used as an indicator of intermediate term to long term market moves. It is calculated by using an accumulation of the MCOR. We are more interested in the patterns that the SI makes as opposed to the values of the pattern at any given point in time.

A turning point may be indicated by a turn in the summation index either from heading downward to up or heading upward to down. This turn should be a pronounced turn to make it worthwhile. Again I would like to stress that it is important to take into consideration other market indicators when making your decisions.

Again with this indicator you can watch for formations such as triple tops and bottoms, you may also look for support and resistance levels.

Ledges may be formed in the SI by MCOR moving into an indecision pattern that is hovering around the zero line for a duration of several days. When this occurs near the end of down moves it may be an indication that the market may experience on more leg down before reversing into a powerful rally.

Back to Daily Stock Market Barometer

Home | Overview | ORDER NOW! | Stock Market Analysis | Stock Indicators | Daily Stock Market Barometer
Reletive Strength Stock Market Report | Weekly Stock Market Barometer | Retrieving Stock Market Quotes
Useful Links | Directories | Financial Resources | About Us | Investment Related Books | Feedback and Email

Content Management by Software Advantage Consulting Corporation