S&P 500 inches higher, bearish Intermediate Cycle losing luster

Activity on NYSE declined by 33% relative to last Friday

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

indicator, s&p, maad

indicator, oex, 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

5-21-12

14

6

5-21-12

48581

30260

5-22-12

8

12

5-22-12

41915

47011

5-23-12

12

7

5-23-12

45272

33238

5-24-12

9

11

5-24-12

27290

21608

5-25-12

8

12

5-25-12

25589

21054

5-29-12

16

3

5-29-12

22038

21989

5-30-12

2

18

5-30-12

30554

48698

5-31-12

11

8

5-31-12

38172

33976

6-1-12

1

19

6-1-12

23602

89074

6-4-12

6

13

6-4-12

15757

38578

6-5-12

15

5

6-5-12

25894

31369

6-6-12

17

3

6-6-12

51204

23153

6-7-12

5

14

6-7-12

41823

30609

6-8-12

19

1

6-8-12

39731

18341

6-11-12

1

19

6-11-12

18210

53379

6-12-12

17

3

6-12-12

28303

26264

6-13-12

8

12

6-13-12

23967

37414

6-14-12

17

3

6-14-12

41951

23035

6-15-12

18

2

6-15-12

67090

24141

6-18-12

10

10

6-18-12

13515

21164

6-19-12

17

3

6-19-12

39369

21585

6-20-12

12

8

6-20-12

11979

29586

6-21-12

2

18

6-21-12

14856

71605

6-22-12

16

2

6-22-12

12696

22036

6-25-12

0

20

6-25-12

17465

40584

6-26-12

10

9

6-26-12

29734

20929

6-27-12

15

4

6-27-12

19044

12440

6-28-12

5

15

6-28-12

23306

18980

6-29-12

14

5

6-29-12

69249

25566

7-2-12

14

6

7-2-12

14284

13216

*Note: Unchanged issues are not counted.

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. 

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