OK, institutional buying and selling trending says nothing new today, but a promise is a promise, so I post it here, courtesy of www.stocktiming.com.
OK, institutional buying and selling trending says nothing new today, but a promise is a promise, so I post it here, courtesy of www.stocktiming.com.
Cobra,
ReplyDeletethanks again.
I'm looking at the chart and seeing similarities to either early October 2008 or mid-december 2008. The first one was obviously a great time to sell, the second was a bit too early. Time will tell.
I've heard on the news that BOA is only midway in asset selling. Maybe the powers will keep the market alive for a bit longer?
Are these institutional charts available for years 2002-2003? That would be the best time period to study IMHO.
No, I don't have the chart for 2002-2003. This is the only chart I have.
ReplyDeleteWell one thing XLF is dead flat since pre-market and is not participating to the upside and is moving down now... NDX is the one that's pushing up the market with a bit help from IYR
ReplyDeleteVIX is collapsing at a amazing rate while spx has not even pop above 930(yet).
By the way Cobra, the data above, is that real time? Seems is early in the morning I guess that data might change by the end of the day?
ReplyDeleteIt's not a real time chart, updated every morning for the last day, so it doesn't reflect the today's change yet.
ReplyDeletegood charts. This rally doesn't seem to be having much participation... But when will the drop start if at all???
ReplyDeleteWhat a weird day! Was this bear capitulation and reversal day? Maybe a lower high is being formed?
ReplyDeleteJack
As long as MA20 on SPX daily chart holds then still is not the bear's time.
ReplyDelete