This presentation on the McClellan Oscillator and the McClellan Summation Index by Tom McClellan and his father Sherman McClellan is part of the large INO TV library archive of educational seminars. Sherman and his wife Marian McClellan originally developed the McClellan Oscillator and Summation Index in 1969. These two indicators are now widely followed by market technicians, especially for timing the overall market cycles. Sherman and Tom McClellan takes you through a full understanding of the McClellan Oscillator and Summation Index in this 85-minute video, starting with easy concepts and theories, examples with charts and data, and finishes with lessons on applying these two indicators. In particular, Sherman and Tom share how to apply these two indicators to the futures markets.
2. I Guarantee It
3. McClellan-Market Timers
4. Tom McClellan
5. When the Market Tops
6. Dow Chart
7. Advance Decline Data
8. Sherman McClellan
11. New Bull Market
12. Continued Negative Oscillator Readings
13. Analog Studies
14. September T-Bonds
15. Clock Building
16. Presidential Cycle
17. The Fish Test
19. 10 Trading Rules
20. Final Word
The McClellan Summation Index sums up all the McClellan Oscillator values, and is neutral at the +1000 level when property calculated and calibrated. For more, see Definitions: McClellan Summation Index.
Sherman McClellan graduated from college wiht a degree in business administrtion and economics. His dissatisfaction with a number of methods for technical analysis (as well as fundamental analysis) led him to develop new techniques for assessing market conditions. Sherman and his wife Marian developed the McClellan Oscillator and Summation Index in 1969. The derived the Oscillator from a number of advance declines each day on the New York Stock Exchange. Sherman brought these indicators to the public during guest appearances on Charting the Market, a technical analysis television program aired on KWHY in Los Angeles which heightened public interest in Sherman And Marian McCellan's new indicators. Peter Haurlan, publisher of Trade Levels, invited them to publish a book detailing their research, titled "Patterns for Profit." Sherman and Marian developed the McClellan Oscillator and Summation Index without access to a computer. The development of personal computers opened up new capabilities for using the trend analysis techniques which are part of the McClellan Oscillator.
Tom McClellan's research into market movements is almost entirely technical in nature, and has resulted in consistent top 10 rankings for intermediate stock market and gold timing according to Timer Digest. Tom is the editor of both The McClellan Market Report and its companion Daily Fax Edition. He is a graduate of West Point where he studied aerospace engineering, and served as an Army helicopter pilot for 11 years. He began his own study of market technical analysis while in the service. Tom is the son of Sherman and Marian McClellan, who in 1969 originally developed the McClellan Oscillator and Summation Index. These two indicators are now widely followed by market technicians.
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