Negative timing is "retarded" timing (retarded, yes, but i mean retarded in the technical, reducing term). I have never heard of a GP with negative timing. It's more common in cars with distributors while combating detonation, and even then, it is still not common.
Here is, basically, how timing works on most computer controlled cars. More specifically, non-supercharged L36s:
Starts at a medium timing number, say 20. Assuming there is no knock, timing is advanced 1 degree every certain # of cycles of the computer. I dont remember how long the interval is. It may be every second, and more or less. It keeps increasing timing until it reaches anything resembling knock (.1*). It then retards your timing 3*. If it sees no knock, it will increase timing until it does see it, then retard timing even more.
Knock retard is defined as how much timing (in degrees) is pulled/reduced/retarded when the engine experiences detonation. Increased detonation/knock = more knock retard = less timing = less power/fuel economy.
There is usually a maximum timing a computer can handle. The computer's tables will not handle more than that without being stressed out. Therefore, you will never see outrageous numbers such as 62* timing advance (it is capped). People will manually advance their timing, fooling the computer into thinking it can easily handle it. The PCM usually doesn't know how to compensate for it, which is why everyone will caution you to not run too much timing, or you can blow a motor.
"Cam sig present" means cam signal present. AKA, your computer recognizes your CPS (Camshaft Position Sensor). Probably just a scanner settings.
Try using something more accurate than a Snap-On scan tool. I used a snap on scanner on my car and it was the biggest POS i have ever used. Totally wasn't meant for newer cars, even though it was compatible.
Any more questions feel free to ask...i'll answer to the best of my ability.