Recall that coin period of time takes the dollar value of each merchandise in addition to multiplies that past times the merchandise volume. This dollar book is added to a daily cumulative amount if the merchandise takes house on an uptick; it is subtracted from the daily amount if it occurs on a downtick. When heavy book is hitting bids, nosotros encounter a real weak coin flow; when heavy book lifts offers, nosotros encounter potent coin period of time numbers. By cumulating coin period of time for each of the Dow xxx industrial stocks, nosotros tin flaming become inwards at a reckon guess for the large cap market. This coin period of time figure is posted past times the Online Wall St. Journal.
I've created a cumulative trouble of the daily coin period of time numbers for the Dow stocks. Note that it tracks cost pretty good in addition to for sure indicates that reckon has been largely bearish since the kickoff of October. You tin flaming encounter that we're testing the comport marketplace lows inwards the Cumulative Money Flow trouble (pink trouble above). Note too how Monday's steep spend upward was preceded past times upward days inwards the Dow that showed negative coin flow. I've to a greater extent than ofttimes than non flora such divergences worth paying attending to. Note, for instance, the tepid Flow readings inwards early on Nov when the Dow made a fresh peak, in addition to the positive departure inwards belatedly October, when the Dow rebounded from its low.
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