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trade timing signals - using Advance-Decline line tools

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Last Post: 8/17/2018 11:28:05 AM - Followers: 8 - Board type: Free - Posts Today: 0

cumulative Advance-Decline breadth lines
are the cumulative total of daily net Advance-Decline values

Common Stock Only indicators for the NYSE are calculated using only the # of stocks
for operating companies within the NYSE Composite Index (funds are excluded)
CSO indicators often present a more accurate internal picture for the NYSE Composite Index
The NYSE All Issues indicators are calculated using all issues traded in the NYSE Composite Index

The McClellan Oscillator is the difference between the 19-EMA & 39-EMA of daily advances minus declines.
It reflects the short-term strength and direction of market liquidity.
A longer-term view is provided by the McClellan Summation Index, which is the cumulative total of the daily McClellan Oscillator values.
These indicators move within a trading range and often identify the overbought/oversold condition of the market

late June 2018 saw an oversold S&P 500 McO reaching down to the lower McO level's customary "buy zone" and the McO at its
lowest level in late June printed only a single day below its daily 21,2 lower Bollinger Band  

( McSum = McClellan Summation Index )

the dominant rule is: price will eventually follow the direction of the McSum, except for brief periods of price divergence

The McSum is:
neutral at the zero line,

bullish while above,
and confirmed bearish while below zero

* no lasting zero line violations of significance during 2017 or 2018 by these four indices -


https://stockcharts.com/c-sc/sc?s=%21PMOAZSPX&p=D&yr=11&mn=0&dy=0&i=p08708198884&a=587504104&r=1523123070973

* the distance down to the McSum zero line currently represents
one objective measure of the minimum downside risk

Confirmed sell signals are a lasting decline below the McSum zero line,
though price action has usually declined by a large amount by the time
zero is reached from the McSum peak above.

Large distances between the McSum daily chart values represent acceleration events in the A-D breadth decline or advance,
and the follow-on price impact has a high correlation with the McSum's direction, and usually have several days staying power
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#116   Nasdaq 100 Bullish Percents Index at 54.00 on Thursday rimshot 08/17/18 11:28:04 AM
#115   JWN new 52-week price high today, rimshot 08/17/18 10:47:12 AM
#114   we have had strange overall technicals in 2nd rimshot 08/16/18 11:56:05 PM
#113   RIM - Aug 16 closing update NASARAVI 08/16/18 10:19:42 PM
#112   RIM Thought of trading this - but was not NASARAVI 08/16/18 10:09:37 PM
#111   RIM Very clearly - has consequences to the ability NASARAVI 08/16/18 10:06:11 PM
#110   Upside retracement after a decline is now briefly rimshot 08/16/18 11:38:38 AM
#109   Department store stocks see profit taking rimshot 08/16/18 11:06:48 AM
#108   you see the SPY daily PMO stalled below rimshot 08/16/18 11:03:37 AM
#107   $NYA - will it recapture 8 and 21 rimshot 08/16/18 10:38:28 AM
#106   Ravi - some A-D lines closed Wednesday rimshot 08/16/18 10:17:19 AM
#104   RIM August 16 update NASARAVI 08/16/18 08:51:39 AM
#103   Ways to Detect a Top rimshot 08/15/18 05:56:45 PM
#102   JWN weekly chart overview - rimshot 08/15/18 08:00:57 AM
#101   the 11 sector Spyders price action vs. their rimshot 08/15/18 12:36:38 AM
#100   RIM - August 14 update NASARAVI 08/14/18 11:46:06 PM
#99   HD daily chart rimshot 08/14/18 05:47:54 PM
#98   RIM Ok will do - I have noted to NASARAVI 08/14/18 01:49:17 PM
#97   watch McO on all indices, not just the 4 rimshot 08/14/18 12:58:58 PM
#96   AAPL lt buy timing question rimshot 08/14/18 12:09:18 PM
#94   RIM I sent an email to BB folks July NASARAVI 08/14/18 11:56:56 AM
#93   your Weekly chart question seems to rimshot 08/14/18 11:45:01 AM
#92   McO answer to your questions rimshot 08/14/18 11:34:14 AM
#91   NDX 100 A-D line volatility is declining rimshot 08/14/18 10:58:26 AM
#90   RIM - questions NASARAVI 08/14/18 08:14:35 AM
#89   great quality review for August 13 RAVI rimshot 08/14/18 12:45:35 AM
#88   RIM - August 13 update NASARAVI 08/13/18 09:10:47 PM
#87   RIM - August 10,2018 Update NASARAVI 08/12/18 08:08:21 PM
#86   8/10/2018 Advance-Decline line status: rimshot 08/12/18 10:16:16 AM
#85   good review overall RAVI, and 3 other items rimshot 08/10/18 12:15:06 AM
#84   RIM update for August 9,2018 NASARAVI 08/09/18 10:59:38 PM
#83   RIM No worries and thanks for the review - NASARAVI 08/09/18 08:39:41 AM
#82   excellent August 8, 2018 review RAVI. Your rimshot 08/08/18 10:22:51 PM
#81   RIM - Update for August 8, 2018 NASARAVI 08/08/18 09:28:17 PM
#80   very good review for August 7th RAVI. rimshot 08/08/18 01:56:12 AM
#79   RIM - update for Aug 7 close NASARAVI 08/07/18 07:18:29 PM
#78   good review NAS. any change in the rimshot 08/07/18 03:24:07 AM
#77   RIM - update for Aug 6 close NASARAVI 08/07/18 03:13:09 AM
#76   for SPY - today August 6, 2018 represents another rimshot 08/06/18 04:50:41 PM
#75   Rim Many thanks - will review an book mark NASARAVI 08/05/18 09:39:06 AM
#74   Ways to Detect a Top - chart set rimshot 08/05/18 05:31:43 AM
#73   RIM Thanks - Tom Macllan wrote a report dated NASARAVI 08/04/18 11:05:33 PM
#72   The Bollinger Band Width is the difference between rimshot 08/04/18 03:07:16 PM
#71   8/03/2018 - Advance-Decline line status: rimshot 08/04/18 10:55:23 AM
#70   RIM NET ADV & DEC and Cumulative NASARAVI 08/04/18 12:25:14 AM
#69   NAS - what is a cumulative Advance-Decline line? rimshot 08/03/18 10:49:00 PM
#68   NAS - reply to your question about my rimshot 08/03/18 06:38:21 PM
#67   RIM AAPL and 15,2 BB monthly NASARAVI 08/03/18 05:59:43 PM
#66   good work, NASARAVI! rimshot 08/03/18 05:27:37 PM
#65   RIM - SPY question response NASARAVI 08/03/18 04:29:47 PM
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