小小低开,介个空会补啦。
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 moved slightly higher again, while above our resistance line. (Although it recently made its 2nd. lowest level since mid July, Liquidity is still a high positive so it would not be unusual to see extreme volatility and whipsawing.)
Chart C: Institutional Accumulation/Distribution
On October 1st, Institutional Investors had their first day of Distribution since July 15th. On Friday, October 9th, they were in weak Accumulation. Yesterday, Institutions remained in weak Accumulation mostly because of a decrease in selling. Institutional buying decreased slightly, and selling decreased. ______________________________________________________________________
*** Conclusion on the above charts A to C: Liquidity is still at a high rate and inflowing. If you look at the Institutional Buying & Selling chart, you can see that they have been buying less while continuing to increase their selling (profit taking). Institutional Investors have been selling slow enough for the market to absorb the selling.
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