CEM News - Market Outlook (the technical analysis of financial markets) for January 8, 2010: “…Looking at the six-month daily chart of the S&P 500 index, we can see that the trend is clearly up. Money Flow measure is trending up above the zero line but did not confirm the new high as it stills unable to take out the December. This negative divergence warns of a waning upside momentum and some…” Subscribers, please login to read the rest.
Articles tagged with: Money Flow
Published on: January 6, 2010
No Comment
CEM News - Market Outlook (the technical analysis of financial markets) for January 7, 2010: “…S&P continues drifting higher along the top of its short-term trading range. Money Flow measure remains below the December’s peak, indicates a lack of conviction among the bulls. So while it seems contrast to the popular expectation that the market sees smooth sailing, the market could be due for a…” Subscribers, please login to read the rest.
Published on: January 4, 2010
No Comment
CEM News - Market Outlook (the technical analysis of financial markets) for January 5, 2010: “…the S&P 500 index rebounded nicely off support at the area of the March-November trend-line and the 50% Fibonacci retracement of the 2007 to 2009 bear market down-leg. Money Flow measure also strengthens the bullish case as it trended higher from above the zero line, signals…” Subscribers, please login to read the rest.
Published on: November 23, 2009
No Comment
CEM News - Market Outlook (the technical analysis of financial markets) for November 24, 2009: “…the Dow broke out from the 3-day pullback consolidation base. This is short-term positive but let’s noticed the bearish divergence on the Money Flow measure at recent high. For starters, when price action and indicator head in different directions they set up a so called “divergence”. While negative divergence is the essential precursor to a…” Subscribers, please login to read the rest.
Published on: November 22, 2009
No Comment
CEM News - Market Outlook (the technical analysis of financial markets) for November 23, 2009: “…The S&P continues basing sideway near support at 1080. Money Flow measure remains positive but as indicated in the above chart, the indicator has made a series of lower highs in recent months as the S&P has made subsequent new highs over this time period. What this means is that less and less money anticipating the rally and it’s definitely something that…” Subscribers, please login to read the rest.
