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***** Disclaimer: This is NOT investment advice, just general help and
Dan Chapman's opinion, please check with a registered investment
advisor before making any trades or investment decisions. This
document may contain errors.
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Topics: also see  Indicator Intro
Function of timing indicators
| • | Provide information on a stocks immediate bullish or bearishness. |
| • | Help in deciding when to enter or exit a stock position. |
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Chart Alert, Accumulation & Distribution
| • | The Chart Alert indicator analyzes the past 3 day chart and volume patterns. |
| • | The 3 day chart pattern is analyzed and ranked either as neutral (0 level),
mild bullish/bearish (5,-5 levels), or strong bullish/bearish (10,-10). |
| • | The 3 day volume is analyzed and labeled as neutral, bullish, bearish accumulation or distribution
with strength from neutral (0 level) to extreme (10). |
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Strong accumulation or distribution may enhance the credibility of the bullish/bearish Chart Alert reading. |
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Good/strong accumulation at the start of a rally or breakout may help in the odds of the rally or breakout becoming true. |
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The Chart Alert indicator is best used for determining the start of rallies and pullbacks and for judging the current health of a stock. |
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Extreme Accumulation or Distribution levels of 9-10 ocurring at tops or bottoms(either short term or intermediate) may indicate a major trend
reversal area whereas extreme Neutral Accumulation or Distribution (9-10) indicates a stalemate between bulls and bears. |
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MoneyFlow, 1 day
| • | A very short term indicator measuring the current 1 day moneyflow compared to past days. |
| • | The type of moneyflow can be neutral, bullish, or bearish with a strength of 1 (very little)
to 10 for an extreme reading. |
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1 day moneyflow is the most accurate when used on closing data since it is based on past closing data. (See the Consultant "Price & Volume" section
for intraday volume levels and alerts.)
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Extreme 1 day moneyflow(or high volume) that is either neutral, bullish, or bearish usually marks the end of a rally (major short to intermediate term top) or
the end of pullback (major bottom). This extra volume is usually the general public reacting to a late news/magazine article or upgrade(downgrade for a bottom). |
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Good to extreme (6-10 levels) bullish 1 day moneyflow may be used to help confirm the start of a true breakout, for breakdowns use bearish moneyflows.
Good to extreme moneyflow may also help to confirm the continuation of the current up or downtrend. |
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If there is no increase in moneyflow or volume after a few days into a rally then the rally may fail. |
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