|Tom Drake's 2CS Sentiment Indicator History
2CS calculated & reported by by Larry Moores
|Must Read: Using
Return to KirkLindstrom.com home page and Charts page
August 2, 2014: The 2CS Indicator History according to Larry Moores1 as of August 1, 2014.
Larry Moores wrote "Here's what he does. He uses the daily vix and cboe put call ratios and takes the summation of the product of these two numbers for the last five days. I believe he feels this compensates for any games that might be played by the boys."
August 1, 2014 reading = 67.1%
2CS chart from 2003 to 2009 (click to view full size image)
APRIL 26, 2011 : 2CS2
"My favorite and simplest sentiment measure of the US stock market is the 2CS. Take each day's CBOE put/call ratio and multiply by each day's VIX or VXO (I have used the VXO since 1996). Sum the last five days of the daily product of VXO times P/C. When that five day total or 2CS gets under 70 we can start to wonder about the possibility an intermediate term top somewhere ahead. Sometimes the market will stall or go sideways a bit and relieve this condition, and then go higher again. But sometimes 2CS will continue to fall as the market moves up and get below 60. 2CS below 60 is almost always indicative of a significant decline within a week or two."
Return to KirkLindstrom.com home page
TOP OF PAGE
|Disclaimer: The information contained
in this web site is not intended to constitute
financial advice, and is not a recommendation or
solicitation to buy, sell or hold any security.
This blog is strictly informational and
educational and is not to be construed as any kind
of financial advice, investment advice or legal
advice. Copyright © 2014 Kirk Lindstrom.
Note: "CORE & Explore®" was coined by and
is a registered trademark of Charles Schwab &