The orange rectangle outlines the strong move by price over the
last four trading days, but also how money flowing into the market
(blue line) has not moved out of the range of the last thirty days.
Price moves without the underlying support of institutional money,
which is captured by the money flow measure, are unsustainable in
most cases.
Pretty uneventful. We were down 3.5 last I checked.
Data wise today we have Richmond Fed Manufacturing and
Consumer Confidence at 10 and some short term Bill auctions
starting at 11 so a pretty lack luster day in that regard.
money flow
Posted by zach06 on 26th of Dec 2011 at 10:38 pm
The orange rectangle outlines the strong move by price over the last four trading days, but also how money flowing into the market (blue line) has not moved out of the range of the last thirty days. Price moves without the underlying support of institutional money, which is captured by the money flow measure, are unsustainable in most cases.
How are ES futures doing?
Posted by markplea on 27th of Dec 2011 at 05:59 am
sittin right on the
Posted by windyjazz on 27th of Dec 2011 at 09:12 am
Primary Pivot( ES ) which makes it down 3 points from friday
Pretty uneventful. We were down
Posted by tom on 27th of Dec 2011 at 09:12 am
Pretty uneventful. We were down 3.5 last I checked.
Data wise today we have Richmond Fed Manufacturing and Consumer Confidence at 10 and some short term Bill auctions starting at 11 so a pretty lack luster day in that regard.
FYI. I think there is
Posted by tom on 27th of Dec 2011 at 09:17 am
FYI. I think there is an Italian Bond auction Thursday. Something to plan for and keep in mind especially if we are at an inflection point tomorrow.
nice chart zach, and you
Posted by matt on 27th of Dec 2011 at 04:34 am
nice chart zach, and you can clearly see the positive divergence in place at the Oct lows.