Short-covering saves stock market from Sunday night losses

Short-term negative while intermediate cycle under threat.

We are also 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

stock index, s&p, indicator, maad

oex, stock index, technical analysis, cpfl


MAAD Daily data for past 30 days*

CPFL data for past 30 Days

Date

NYSE Adv

NYSE Dec

Date

OEX Call $Volume

OEX Put $Volume

3-26-12

17

3

3-26-12

55311

19666

3-27-12

7

16

3-27-12

28603

26101

3-28-12

8

11

3-28-12

24422

22557

3-29-12

5

15

3-29-12

21399

20821

3-30-12

14

6

3-30-12

37733

15634

4-2-12

16

3

4-2-12

29267

17521

4-3-12

2

18

4-3-12

106538

20067

4-4-12

1

19

4-4-12

33220

36168

4-5-12

9

12

4-5-12

12036

26144

4-9-12

3

17

4-9-12

48704

24961

4-10-12

1

19

4-10-12

25426

89561

4-11-12

16

4

4-11-12

21588

23977

4-12-12

18

2

4-12-12

34918

21581

4-13-13

0

20

4-13-12

11875

64376

4-16-12

10

10

4-16-12

15429

53058

4-17-12

19

1

4-17-12

28805

25489

4-18-12

3

15

4-18-12

44274

29249

4-19-12

6

14

4-19-12

51074

43091

4-20-12

7

13

4-20-12

37450

44901

4-23-12

1

19

4-23-12

40663

30882

4-24-12

14

6

4-24-12

21555

13137

4-25-12

16

4

4-25-12

29324

26690

4-26-12

13

6

4-26-12

49211

14328

4-27-12

11

9

4-27-12

26767

20901

4-30-12

7

13

4-30-12

25339

18116

5-1-12

14

6

5-1-12

29530

29245

5-2-12

6

14

5-2-12

45791

26125

5-3-12

2

18

5-3-12

23935

27329

5-4-12

2

18

5-4-12

27754

94488

5-7-12

10

9

5-7-12

24441

31446

*Note: Unchanged issues are not counted.


<< Page 2 of 2
About the Author
Robert McCurtain

Robert McCurtain is a technical analyst/market timer, private investor and financial markets consultant based in New York City. He can be reached at traderbob@nyc.rr.com.

If you would like to read more about how the CPFL is constructed, read a Futures article on the concept. This link will take you to the MAAD article. A two-part series about system development with the MAAD also is available. 

Comments
comments powered by Disqus