"I opened a position in the IEO at 51.10 this morning for a trade. I also like the looks of the McClellan. Stop at 49. Hoping for a substantial uptick in the green line and a continuation up in the red."
You're off to a good start and there seems to be plenty of time remaining to this move. It looks like it'll be a good trade.if it can move up through that 200 day MA.
That McClellan has been looking good for a couple weeks or more. I'm just guessing, but I'll bet it has a few more good weeks in it.