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actual trade timing signals - using Advance-Decline line analysis

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Last Post: 7/20/2018 10:37:53 AM - Followers: 6 - Board type: Free - Posts Today: 2

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 -

* 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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#20   rimshot Market has not given sell signals yet. NYSE RCKS 07/20/18 10:37:53 AM
#19   McSum vs. Arthur Hill's 5-day ema for 4 rimshot 07/20/18 09:57:32 AM
#18   McSum status as of Tuesday July 17: rimshot 07/18/18 10:38:55 AM
#17   Erin Swenlin's chart set includes one rimshot 07/17/18 11:09:15 PM
#16   RIM and RCKS NASARAVI 07/17/18 11:04:00 PM
#15   to the NYSE common-stocks-only A-D line chart, I rimshot 07/17/18 08:51:48 PM
#14   yes, RCKS rimshot 07/17/18 07:28:28 PM
#13   rimshot Thanks I believe you are referring to the MC RCKS 07/17/18 07:25:45 PM
#12   RCKS - yes, agree with your observations rimshot 07/17/18 07:14:27 PM
#11   rimshot Looking at the A/D Line charts, they all RCKS 07/17/18 06:58:07 PM
#10   four daily charts as a time saver for rimshot 07/15/18 02:55:28 PM
#9   2010 article by Arthur Hill, CMT explaining the rimshot 07/15/18 01:11:14 PM
#8   McSum status as of Friday July 13: rimshot 07/15/18 11:59:12 AM
#7   NAS look forward to your participation in this data RCKS 07/15/18 11:17:50 AM
#5   Rim and RCKS NASARAVI 07/14/18 06:02:17 PM
#4   S&P 500 index daily charts: rimshot 07/14/18 11:21:06 AM
#3   NYSE common-stocks-only daily charts: rimshot 07/14/18 11:13:14 AM
#1   rimshot let me be the first to post RCKS 07/13/18 01:24:38 AM