Market Snapshot for session ending 8-2-11:
|
Last |
Net Change |
%Change | |
|
S&P 500 |
1254.05 |
-32.89 |
-2.56% |
|
Dow Jones Industrials |
11866.62 |
-265.87 |
-2.19 |
|
NASDAQ Composite |
2669.24 |
-75.37 |
-2.75 |
|
Value Line Arithmetic |
2792.63 |
-91.08 |
-3.16% |
Cycle Status:
|
Minor Cycle |
Intermediate Cycle |
Major Cycle |
|
Negative |
Neutral / Negative |
Positive |
Market Overview:
- Major indexes sink below June 2011 piece supports and are threatening March 2011 price support lows.
- Price supports broken can act as upside resistance in event rebound develops.
- Cumulative Volume in Cash S&P (see chart) penetrates major uptrend line stretching back to March 2009.
- S&P Emini Cumulative Volume (see chart) also fractures uptrend since 2009 but is also threatening to sink below March 2009 indicator lows.
- MAAD (see chart) sinks to new short-term low and to worst levels since the end of August 2010.
- CPFL (see chart) also negative on the day as indicator continues to threaten major uptrend in effect since March 2009.
Click charts to enlarge
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 |
|
6-21-11 |
17 |
2 |
6-21-11 |
57694 |
34578 |
|
6-22-11 |
6 |
14 |
6-22-11 |
42731 |
33184 |
|
6-23-11 |
7 |
12 |
6-23-11 |
90363 |
64042 |
|
6-24-11 |
3 |
17 |
6-24-11 |
23302 |
76948 |
|
6-27-11 |
16 |
3 |
6-27-11 |
27558 |
34959 |
|
6-28-11 |
14 |
6 |
6-28-11 |
36851 |
34376 |
|
6-29-11 |
16 |
4 |
6-29-11 |
108969 |
71000 |
|
6-30-11 |
15 |
5 |
6-30-11 |
54196 |
28399 |
|
7-1-11 |
18 |
1 |
7-1-11 |
100149 |
51993 |
|
7-4-11 |
Holiday |
7-4-11 |
Holiday | ||
|
7-5-11 |
8 |
12 |
7-5-11 |
58532 |
18215 |
|
7-6-11 |
6 |
13 |
7-6-11 |
68574 |
16147 |
|
7-7-11 |
18 |
1 |
7-7-11 |
196066 |
42730 |
|
7-8-11 |
4 |
16 |
7-8-11 |
49479 |
31316 |
|
7-11-11 |
1 |
19 |
7-11-11 |
61484 |
121450 |
|
7-12-11 |
5 |
15 |
7-12-11 |
30530 |
98038 |
|
7-13-11 |
14 |
6 |
7-13-11 |
25452 |
90215 |
|
7-14-11 |
3 |
17 |
7-14-11 |
57503 |
73908 |
|
7-15-11 |
8 |
10 |
7-15-11 |
122830 |
41278 |
|
7-18-11 |
0 |
19 |
7-18-11 |
32600 |
70051 |
|
7-19-11 |
18 |
2 |
7-19-11 |
81963 |
36469 |
|
7-20-11 |
12 |
8 |
7-20-11 |
48958 |
36029 |
|
7-21-11 |
14 |
6 |
7-21-11 |
81985 |
37458 |
|
7-22-11 |
6 |
14 |
7-22-11 |
26566 |
23969 |
|
7-25-11 |
5 |
15 |
7-25-11 |
60431 |
29726 |
|
7-26-11 |
13 |
7 |
7-26-11 |
12740 |
29994 |
|
7-27-11 |
3 |
17 |
7-27-11 |
25922 |
98893 |
|
7-28-11 |
5 |
14 |
7-28-11 |
31161 |
42272 |
|
7-29-11 |
5 |
14 |
7-29-11 |
39764 |
73156 |
|
8-1-11 |
8 |
12 |
8-1-11 |
67404 |
100232 |
|
8-2-11 |
0 |
20 |
8-2-11 |
44027 |
98237 |
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.
