Money flowing out heavily with macd rolling over and about to cross 0. Brings 1875 into play below 2000. Watching option flow carefully
Bollingers collapsing with massive money outflow. Macd below 0 and rolling over. All MA's declining. STO embedded at bottom. Possible support 2008.25, then 1999.75
Long upper shadow on daily closing at the lows and bearish engulfing on strong volume. Maybe that crazy zerohedge article is right.
Like I always say, follow the money. It never lies, but indicators do.
Into resistance here and still below 10ema. Par sar sell and VSSD#3 intact. Option flow and volume is bullish. Not buying it yet.
AA has a DB at 7.81. If market hold up, room up.. Must close over 10ema at 8.97 to remain bullish
We could cliff dive, but let's see if buyers come in here.. If not, 1920 it is. Watching 30 min candle at open for range break.
Should be interesting next week. Long legged doji on weekly chart. VSB and PAR SAR buy intact on weekly, but turned to sell this week on daily. (Day 2) We had a double bottom and bounced hard off the 61.8, but closed the week with a double top. Money flow was net negative totaling -$5.2B (Week) Month at -$9.3B. Today had positive inflows of $2.1B. 10ema rising...
- 161.8+ Ext from 3/2011 high to 9/2011 low - A perfect 61.8 retracement from from 5/2008 high to 10/2008 low - Major Support at 58.93 - Looks like a double bottom - Accumulation began 8/28/2015 - Open gap fill below at 63.89 area - CMF + = Money Inflow - Sto, higher highs & lows -Macd, higher highs & lows - crossed above 0 This is a beautiful set up to swing...
CMF+, Macd cross but below 0, and STO rising. PAR SAR shows buy but VSS still intact.. Declining vol
Looks like accumulation to me for a big move. Spy flat and UVXY - 2.61%
SHOW ME THE MONEY! Charts and people lie. Money doesn't.
Chop zone. VSB intact on daily, weekly, and monthly just triggered. Hard to be long up here.
A whole lot ugly with this. CMF -, STO rolling over, Macd below 0 and momo slowing on weekly. Daily still has VSB intact. Close below 144.96 with volume will be a problem