Indicators confirm strong stock market 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
7-22-10 17 3 7-22-10 121027 58361
7-23-10 14 6 7-23-10 38486 39440
7-26-10 18 2 7-26-10 51374 63509
7-27-10 14 6 7-27-10 70850 59758
7-28-10 7 13 7-28-10 17125 48089
7-29-10 8 12 7-29-10 74444 40451
7-30-10 7 12 7-30-10 41025 42071
8-2-10 15 4 8-2-10 141725 31355
8-3-10 5 14 8-3-10 47386 35459
8-4-10 10 10 8-4-10 52252 20624
8-5-10 6 14 8-5-10 31608 23941
8-6-10 8 12 8-6-10 76376 35429
8-9-10 11 9 8-9-10 45247 19760
8-10-10 5 15 8-10-10 54235 52153
8-11-10 3 17 8-11-10 69487. 107497
8-12-10 11 9 8-12-10 52311 72308
8-13-10 10 9 8-13-10 31747 51598
8-16-10 10 9 8-16-10 21782 67573
8-17-10 15 5 8-17-10 99035 95632
8-18-10 14 6 8-18-10 52063 68877
8-19-10 5 15 8-19-10 146897 226482
8-20-10 6 14 8-20-10 77321 72273
8-23-10 4 14 8-23-10 29601 63019
8-24-10 1 19 8-24-10 86432 149165
8-25-10 12 6 8-25-10 63569 70929
8-26-10 1 18 8-26-10 62080 78690
8-27-10 18 2 8-27-10 40020 40885
8-30-10 6 14 8-30-10 19791 51145
8-31-10 11 9 8-31-10 25663 67903
9-1-10 15 5 9-1-10 119254 49407

*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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