Money Flow: Although SPY reached new all-time highs
yesterday, eroding support via money flow has continued. A
reminder that the money flow measure does not trigger immediate buy
or sell signals, but is a medium term indication of what is
occurring under the hood of the market as represented by real money
being transacted on a tick by tick basis. Given the picture above,
the largest traders (the ones of size that move markets) are
preparing for a meaningful reversal.
"Danno" Sheehy
Money Flow: Although SPY reached
Posted by EdZ on 23rd of Sep 2018 at 11:56 am
"Danno" Sheehy put this chart
Posted by EdZ on 24th of Sep 2018 at 08:39 am
"Danno" Sheehy put this chart together. It's his own chart and can be found on https://www.shadowtrader.net/.