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Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
The 20-Day Momentum of the NYSE advance/decline line is constructed by subtracting the number 20 days ago from the one today. This positive or negative value is then plotted around a zero line. Because of the way it is constructed, the momentum line is always a step ahead of the price movement. If the Dow Jones is rising and the momentum line is above the zero line and rising, this means the uptrend is accelerating. When the momentum line begins to drop toward the zero line while the uptrend in the Dow is still in force caution is warranted because the uptrend is losing momentum. |
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
The Smart Money Flow Index is calculated according to a special formula by taking the action of the Dow in two time periods: the first 30 minutes (dumb money) and the last hour (smart money). The value of this indicator lies in its comparison to the Dow - we want the SMI to perform better or worse than the Dow. Any non-confirmation indicates a change of the prevailing trend. It is a clear buy signal if the Dow falls to a new low which is not confirmed by the SMFI. But whenever the Dow makes a high which is not confirmed by the SMFI there is trouble ahead. |
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
The Global Futures Time Premium Index is a sentiment indicator. The spread between the S&P 500 cash index and the S&P futures contracts (premium) shows high readings near market tops and low readings near market bottoms. The bold red lines on the chart below show you the futures contracts with the highest and lowest premiums of the last years on a 5-day moving average for comparison (6 months until expiration). If the index (premium of the nearby S&P 500 futures contract on a 5-day moving average) moves close to the upper line or above, bullish sentiment is prevailing which is a bearish indicator. The reverse is true if the index moves near or below the lower line; it shows extreme pessimism by futures traders and indicates bottoms. |
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
The Daily Put/Call Ratio All CBOE Option is a sentiment indicator. This indicator is calculated by dividing the daily volume of all CBOE call options by the daily volume of all CBOE put options. Big call volume appears at market tops and big put volume at bottoms. The chart below shows you the weekly call/put ratio on a 10 day moving average to smooth out the swings. |
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
The Short Term Trading Index (Trin) was invented over 30 years ago by Richard Arms and is also known as ARMS Index. It is calculated by dividing advancing issues by declining issues and advancing volume by declining volume. The first result is then divided by the latter and the result is the TRIN. If the index is above one, the average volume of stocks that fell on the NYSE was greater than the average volume of stocks that rose and vice versa. But it is most confirmative when it reaches extremes. This indicator rises sharply when the market is most depressed and selling is climaxing and falls to very low levels during buying frenzies. |
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
Global Futures Trend Indicator: This index is computed by dividing the daily highs by the sum of the daily highs and lows. A 10-day moving average is applied to smooth out the swings. As long as the readings of this index stay above the 60%-level there is a solid bullish trend in progress. Any weakness should be used to go long or to buy call options; preferably of stocks which are in a clear uptrend, or stock index options. |
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
Charts
on this page are intended for demonstration purposes. The updated versions
are for subscribers
only.
Charts on this page are intended for demonstration purposes. The updated versions are for subscribers only.
The MACD, which stands for Moving Average Convergence / Divergence, is one of the most used technical analysis indicator. As long as both MACD Lines are above 0 an longer uptrend exists. Is the MACD 10 above the MACD 50 the market is gaining momentum and vice versa. |
Charts on this page are intended for demonstration purposes. The updated versions are for subscribers only.
The Upside-Downside Volume Index Daily measures the daily volume flow. As long as upvolume is dominating downvolume the short term bullish trend will continue and vice versa! Divergences should be monitored closely! |
The
information contained in the documents in this website should not be construed
as an offer to sell, or a solicitation to buy, any securities referred
to herein. The information is considered reliable, but not guaranteed
as to accuracy or completeness.
Past performance does not guarantee future results!