|Simple Trading Ideas||
The New York Stock Exchage Summation Index is the running total of the NYSE McClellan Oscillator. It is an oscillator itself moving above and below 0 but slower than the McClellan Oscillator. Since it's moving slower than the McClellan Oscillator it is used for medium and long-term timing. Recently the NYSE Summation Index moved below 0. There is also a divergence between NYA, The NYSE Composit Index and the Summation Index.