big spread between institutional accumulation and distribution (courtesy of stocktiming), so this means the market would go up huge? Unbelievable.
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jway888 wrote:Isn't the red line about to reverse (in fact it is starting to point upward) while the accumulation line is decreasing? I am slightly confused here
but still more accumulation than distribution (the spread is important), so should be up than down.
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No it does not include today's data. Will need see Monday's chart. But I guess it won't make huge difference.
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Cobra wrote:big spread between institutional accumulation and distribution (courtesy of stocktiming), so this means the market would go up huge? Unbelievable.
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Yesterday volume wise….it was one of the quietest days of the year.. until today… of course with OEW.
oh those Market makers.. always so sneaky..
All asset classes, YEAR-TO-DATE % performance
Above the red-zero line are gainers on the year
Below are the losers
The DOW JONES INDUSTRIAL AVERAGE (lime green) is up just a whisper at 0.02% That is 73 trading days with the dow essentially flat, oy
And the winner is, so far this year, the $USD (dashed green line) up +7.82%
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Seasonality per Bulkowski: the best time to buy a stock was from August to December and the best time to sell stretched from January to May.
The best individual month to buy was September and to sell was March.
The results are based on his actual trades. Your trading results may differ
On a separate note, Bulkowski has leaned bearish for this coming Monday Apr 20. and his "CPI" indicator (not CPI inflation) has turned red.
But statisttcally, the signal this time may be close to random.
The weekend institution buying-selling does not include the Friday data. The chart is I believe published on Friday to include Thursday data and not Friday. Data that includes Friday's data usually is posted later Saturday or Sunday. I expect the pattern to play out similar to what it did in November and February. Leading to a cross-over by the selling. Which then gives a buying bottom. Best guess.
DXY daily/60m. looks like it's holding support on the daily… could make a little lower low / RS on the 60m.. triangles on both.. .should we chop.. instead of triangle. Depending on direction may/could affect OIL / GOLD etc.