NYSE McClellan Oscillator
Treasury-Bund Spread Rising Is Bullish
A year ago I noted here that there was a divergence in effect between stock prices and the Treasury-Bund spread. That divergence has since been rehabilitated, and the spread is now rising which is a bullish condition.
The Treasury-Bund spread I am referring to is the difference between the current 10-year yield on US T-Notes versus the equivalent 10-year German sovereign debt instrument. Ever since German reunification in October 1990, there has been a very strong correlation between this... Read More
NYSE: 10/26/2026
| Issues | Volume(000s) | ||
| Advances | 1421 | 2412231 | |
|---|---|---|---|
| Declines | 1272 | 3337640 | |
| Difference | 149 | -925409 | |
| 10% Trend | -56 | . 482 | -127514 |
| 5% Trend | -113 | . 786 | -144319 |
| McC OSC | 57 | . 305 | 16805 |
| PRIOR McC OSC | 48 | . 304 | 64350 |
| SUMM Index | -653 | . 605 | -1594435 |
| PRIOR SUMM Index | -710 | . 910 | -1611240 |
| A-D for OSC UNCH | 1 | -111 * | |
| A-D for OSC=0 | -1145 | -447 * | |
| *million shares | |||
| DJIA Close | 52361.58 | ||
| PRIOR Close | 52215.16 | ||
| DJIA CHG | 146.42 | ||
| DOW Price OSC | -22.24 | ||
| PRIOR DOW Price OSC | -40.43 | ||
| Price OSC UNCH'D | 52048.37 | ||
Daily Oscillator Data (.xls)
Extended Data
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Historical Data
Historical breadth, volume, and NH-NL data are available for purchase and download.
Market Breadth Data Notes
- We use WSJ/Barron's data for our final breadth numbers. Calculations made on numbers from other sources will show a slightly different result.
- We wait until late in the day in order to have access to the "final" numbers.
- This reflects final readings for the indicators covered.
- Values for indicators calculated using preliminary numbers released just after the close usually differ slightly from these numbers.
- We usually recommend that readers keep their own data for themselves, but this is a useful way to check and see if your numbers agree with ours.
Starting 3/8/2012:
NYSE Up Volume & Down Volume data will report composite trading volume.
3/7/2012 and before:
Reports NYSE floor trading volume, as has been our long standing practice.