跳空高开在昨天的range里,因此应该会补介个空。
Chart B: Liquidity Inflows and Outflows
Liquidity inflows are critical to the market's action. If indicators are weakening while Liquidity is flowing in, then the liquidity inflow will take precedence and hold the market up. Liquidity inflows had a down tick while in extreme high territory. This remains a very high reading, so we could see some unusually high volatility in the markets when profit taking starts to come into play. (Very high readings are bullish.)
Chart C: Institutional Accumulation/Distribution
The Institutional Investors were in Accumulation with the Buy/Sell spread decreasing. Institutional buying decreased, and Institutional selling increased. Note that Institutional Buying still has a Negative Divergence between the August peak and yesterday.
*** Conclusion on the above charts A to C: Liquidity is still flowing in at high levels, so the run-up is still being fed. *** Do note that Institutional Selling just made a slightly, higher/high. This is an indication that Institutions are quietly stepping up their profit taking. The major indexes are showing MACD negative divergences building which have been offset by very high short term RSI readings. Conditions are still net positive with the market in a phase where it is notably overvalued and overbought.
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