Bluekurtic Market Insights(@Bluekurtic):Market breadth is deteriorating. The S&P 500 McClellan Oscillator fell below -72, its lowest level in 5+ months. After similar signals, $SPX was lower 10 of 13 times 5 days later. Not a good sign heading into next week’s FOMC.

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Bluekurtic Market Insights@Bluekurtic

2026.09.10 15:29

Market breadth is deteriorating. The S&P 500 McClellan Oscillator fell below -72, its lowest level in 5+ months. After similar signals, $SPX was lower 10 of 13 times 5 days later. Not a good sign heading into next week’s FOMC.