

As nosotros tin forcefulness out encounter from the transcend nautical chart above, Cumulative Money Flow for the Dow Jones Industrials stocks remains inwards a downtrend, simply has bounced off its lows during the by week. The four-day moving average of coin stream has in i lawsuit over again turned positive (bottom chart), which has been a fairly reliable curt term sell signal of late. Sustaining positive coin flows afterwards a menses of relative strength--suggesting that buying is attracting farther buying interest--is i of the things I postulate to encounter to position whatever possible modify inwards the Dow's trend.
Money stream numbers are updated each morn earlier trading days via Twitter (free subscription); tomorrow AM, I volition update other marketplace indicators (which are likewise business office of the daily Twitter posts).
.
No comments:
Post a Comment