New highs on low volume, with key indicator still rising

MAAD & CPFL Review

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.

MAAD daily data for past 30 days*

CPFL daily data for past 30 days

Date

NYSE Adv

NYSE Dec

Date

OEX Call $Volume

OEX Put $Volume

10-17-13

15

4

10-17-13

80828

10441

10-18-13

15

5

10-18-13

67955

55686

10-21-13

10

10

10-21-13

71966

35027

10-22-13

11

8

10-22-13

59620

10160

10-23-13

3

17

10-23-13

33177

15783

10-24-13

9

11

10-24-13

19346

12420

10-25-13

12

8

10-25-13

19270

8891

10-28-13

10

10

10-28-13

26553

34754

10-29-13

14

6

10-29-13

43859

20258

10-30-13

8

11

10-30-13

31442

46932

10-31-13

6

14

10-31-13

38287

21692

11-1-13

12

8

11-1-13

35295

65349

11-4-13

14

5

11-4-13

41606

12553

11-5-13

12

8

11-5-13

37948

19016

11-6-13

10

10

11-6-13

45613

30618

11-7-13

4

16

11-7-13

32415

45853

11-8-13

17

3

11-8-13

38660

42688

11-11-13

8

11

11-11-13

27883

21387

11-12-13

9

11

11-12-13

14778

17174

11-13-13

20

0

11-13-13

32932

17842

11-14-13

12

8

11-14-13

62427

35596

11-15-13

16

4

11-15-13

36651

8671

11-18-13

6

14

11-18-13

54722

34491

11-19-13

6

13

11-19-13

19692

39707

11-20-13

6

13

11-20-13

23119

23331

11-21-13

16

4

11-21-13

22068

11450

11-22-13

14

6

11-22-13

31654

14977

11-25-13

9

11

11-25-13

23151

9695

11-26-13

12

8

11-26-13

11580

8740

11-27-13

15

4

11-27-13

17480

14633

*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. 

Comments
comments powered by Disqus