Saturday, January 29, 2011

Progress and decreased

14 December 2010 21: 14 by John we had some volatility increase today. Money flow on intraday charts (15 min, 5 min, 30 min charts) is negative. Hourly charts (1 bar = 1 hour) money will always positive flow on the S and - P-500 and DJI, yet, the NASDAQ-100, Russell 2000 and S & P financial money flow is reject and very close to become negative.

Even money flow is positive on the S and - P-n of side of declining stocks is 500 DJI, progress and decline on these indexes (there are more diminishing stocks). At the same time ahead shares on the traded more active. This divergence, if there are further declining stocks but advancing stocks have larger volumes, is seen as bearish sign.

Overall, I would expect that negative trade see morning and would flow continue monitoring money in the 15 min chart.

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