I had the same experience, Quadcam -- depressed, emotional (really weepy), and sexually a zero. I think the Clomid definitely creates the emotionality but I think the depression and sexual plunge are results of coming off testosterone, which were FAR MORE mood-elevating and aphrodisiacal than I expected. I really felt "less in my body," if that makes sense, when i came off the test.
I did Clomid for a month and was SO GLAD when I was done with it.
Give it time, man. IT will pass.