if MCO measures the thrust than it will indicate if the fuel gauge (NYAD) shows an uptick or downtick depending on if the thrust is upthrust or a downthrust..so you are contradicting yourself.....No, it's the other way around. The NYAD line is the fuel gauge, the MCO measures the thrust or acceleration quotient of the fuel being used that can be power prices in one direction or the other.NYMO is as helpful in predicting NYAD future course
The MCSUM then measures the distance that this same energy dynamic can push prices in this same direction...and the time it will take to reach this objective.
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Fib
now it appears that your postulate is that NYSI will indicate the distance (in time?) that prices will travel before it stalls/reverses finally (as apparent in your palm-reading effort as to how long the price will travel up (summer 2013) since the last highs of 2010 were recorded disregarding severe market declines since then (however temporary)....but as I read it SP's question was why NYSI low reading of 2008 did not produce a DISTANCE as large ...unless of course, you are also postulating that SPX will hit below 2009 lows few years down the line...
http://img248.images...48/760/nysi.png
Edited by andiron, 09 December 2012 - 02:44 PM.