08/06/2016 Weekend Update

[Cobra]

Smart money record short all of sudden, so it's case 1.) the top might be in or near!


How I use the chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.

[Cobra]

The weekly sentiment poll is here:
viewtopic.php?f=9&t=2132
Our poll has been more right than wrong.

[Cobra]

Summary of the week's stock picks is here:
viewtopic.php?f=10&t=2126&p=228101#p228101
Not a bad week.

[Al_Dente]

This week (EOW)
These were the best performing large-caps in the OEX-100; the ones that pushed the SPX to new highs.
3 health, 12 financials, 7 technology, etc.
The worst was BMY (health) down -15.41% on the week (not shown)

[Cobra]

The stock picks for the next week are here:
viewtopic.php?f=10&t=2134&p=228104#p228104

[Zane]

Smart money record short all of sudden, so it's case 1.) the top might be in or near!


How I use the chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.

cobra, when was the last time smart money shorted this much? and how market performed after sudden massive shorts?

[Out of Bounds]

[Cobra]

Smart money record short all of sudden, so it's case 1.) the top might be in or near!


How I use the chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.

cobra, when was the last time smart money shorted this much? and how market performed after sudden massive shorts?

this is the record short.

[Out of Bounds]

this is the record short.

[tsf]

Source: Urban Carmel

[tsf]

Source: @_JamisonG_
WSJ Money Flows - Selling On Strength

[BullBear52x]

From it is what it is department:
Friday gaped up ruin all short term TA outlook, as bullish as it may look, the outlook of sideways to down still in the card.

[BullBear52x]

in a week and month to come, watch $BPSPX 79.5ish, a move above that this bull run are about to renew a new bull cycle.

[BullBear52x]

Peak on money flow another reason to be cautious.