PAGE 1 CHART 0 - - PERCENTAGE ABOVE 200 DAY MOVING AVERAGE
PAGE 1 CHART 1 - - PERCENTAGE ABOVE 50 DAY MOVING AVERAGE
PAGE 1 CHART 2 - - AVERAGE PRICE RELATIVE TO 52-WEEK HIGH
PAGE 1 CHART 3 - - NYSE HIGH LOW
PAGE 1 CHART 4 - - NASDAQ HIGH LOW
PAGE 1 CHART 5 - - NEW HIGHS
PAGE 1 CHART 6 - - NEW HIGHS MINUS NEW LOWS
PAGE 1 CHART 7 - - PUT/CALL RATIO - COOK CUMULATIVE TICK INDICATOR FOR NYSE & NASDAQ
I disagree with one point on what is stated below. When an uptrend begins after a long and significant decline, you will get a reading over +400 and that is not a sell point. It's an initial overbought point that occurs early in the takeoff on a bull move.
'First, separate the noise from the signal by ignoring any tick readings within the +/-400 range. We then record and aggregate those readings outside this range at a fixed time interval. We don't know exactly what interval Mark uses so just pick a time interval: minute, hour, day, etc. The important thing is to be consistent. That's it! Now you have the super secret Mark D. Cook, Cook Cumulative Tick Indicator. So what do you do with it? Watch the 95th and 5th percentile. If the Cumulative Tick Indicator is above the 95th percentile, sell; if below 5th percentile, buy.
Remember, this is a counter trend strategy so the more extreme the tick, the more vicious the snapback. As with all counter trend strategies, mind your protective stop loss! A trend can persist much longer than you can remain solvent. Never try and be a hero by playing chicken with the market.'
PAGE 1 CHART 8 - - CUMULATIVE ADVANCE DECLINE
PAGE 1 CHART 9 - - CUMULATIVE UP DOWN VOLUME