Monday, January 24, 2011

Is it Begingn of a correction?

16 December 2010 09: 18 by John money flow continues to negatively on the 5 min, 15 min and 30 min charts another negative session can propose. Money flow on hourly charts is on its way as negative. The good thing is that all main indexes (S & P500, DJI, NASDAQ 100 and Russell 2000) have similar picture and similar impression on the charts. It's not how it multiple session before felt - an index bearish signals and other show bullish (Russell 2000 and NASDAQ 100 were moving up during S & P-500 and DJI were flat or down) show.

I will continue to remain in 15 min charts with my eye on 5 min charts.

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