Our tracking of broad market money flow is telling us that
large market players continue to keep their "powder dry". Please
observe the chart below.
Notice that broad market money flow moved inverse to yesterday's
move back higher by the S&P 500 Index (
SPY). This indicates that yesterday's reversal was
nothing more than a relief bounce so far, and as it stands for
swing traders, more selling is more likely to be on the horizon
money Flow
Posted by zach06 on 12th of Apr 2012 at 07:43 am
Our tracking of broad market money flow is telling us that large market players continue to keep their "powder dry". Please observe the chart below.
Notice that broad market money flow moved inverse to yesterday's move back higher by the S&P 500 Index ( SPY). This indicates that yesterday's reversal was nothing more than a relief bounce so far, and as it stands for swing traders, more selling is more likely to be on the horizon
Institutional players were almost non existent in "the Pit" yesterday
Posted by zach06 on 12th of Apr 2012 at 07:50 am
zach06
Posted by donald on 12th of Apr 2012 at 08:14 am
TY for these last two info pieces.
Best, Donald
Your Welcome Donald
Posted by zach06 on 12th of Apr 2012 at 09:18 am
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
Winston Churchill
Read more at http://www.brainyquote.com/quotes/authors/w/winston_churchill_6.html#k72WWYTdGFl5jJri.99
money flow
Posted by donald on 12th of Apr 2012 at 09:26 am
A politician thinks of the next election . A statesman, of the next generation.
Not too many statesmen around. I think the quote is from James Clarke.