Oversold condition gains traction as CPFL, MAAD rally

We are updating the daily chart of both the Call/Put Dollar Value Flow Line (CPFL) and Most Actives Advance/Decline Line (MAAD) indicators every day and providing the most recent raw data so you can begin to plot the indicators on your own (see below). The weekly equity index indicator summary provides longer-term commentary based on these indicators.

The definitions of the indicators along with links to the original stories provide helpful background. Also, Robert describes these indicators in a recent I-Trade show presentation available online.

Click charts to enlarge

MAAD data for past 30 days* CPFL data for past 30 Days

Date NYSE Adv NYSE Dec Date OEX Call $Volume OEX Put $Volume
5-25-10 11 8 5-25-10 140868 317225
5-26-10 11 9 5-26-10 133348 196040
5-27-10 16 4 5-27-10 112601 59778
5-28-10 5 15 5-28-10 48142 61489
5-31-10 Holiday 5-31-10 Holiday
6-1-10 3 17 6-1-10 70492 99096
6-2-10 16 4 6-2-10 59135 60801
6-3-10 10 10 6-3-10 74934 57933
6-4-10 4 16 6-4-10 131598 195508
6-7-10 6 14 6-7-10 27214 126032
6-8-10 15 5 6-8-10 71740 101066
6-9-10 5 15 6-9-10 38268 132742
6-10-10 17 3 6-10-10 47815 82263
6-11-10 12 8 6-11-10 78754 102552
6-14-10 6 13 6-14-10 33551 107330
6-15-10 16 4 6-15-10 99458 54784
6-16-10 10 9 6-16-10 69893 48908
6-17-10 4 16 6-17-10 63125 35382
6-18-10 11 8 6-18-10 120041 42191
6-21-10 12 8 6-21-10 39892 80710
6-22-10 3 17 6-22-10 46561 146059
6-23-10 10 10 6-23-10 19864 59747
6-24-10 5 15 6-24-10 43700 95557
6-25-10 10 10 6-25-10 36868 87412
6-28-10 11 9 6-28-10 53951 43956
6-29-10 4 16 6-29-10 826774 273776
6-30-10 4 16 6-30-10 65241 115908
7-1-10 7 12 7-1-10 101383 158080
7-2-10 6 13 7-2-10 210967 130326
7-5-10 Holiday 7-5-10 Holiday
7-6-10 12 6 7-6-10 47780 102195
7-7-10 17 3 7-7-10 156524 74778

*Note: Unchanged issues are not counted.

Robert McCurtain is a technical analyst, market timer and private investor based in New York City. If you would like to read more about how the CPFL is constructed, read a Futures article on the concept. This will take you to the MAAD article. Robert can be reached at traderbob@nyc.rr.com.

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