Originally Posted by
Billy
Adam and Harry,
3) I read cum TICK as a market makers algo detector and 20 DMF as a large players algo detector. I want to see them behaving in synch to feel comfortable with holding positions overnight. I give much more weight to the 20 DMF. For example, a strong last 30-minutes 20 DMF with a weak cum TICK suggests that the cum TICK drop is just a very short term tactic by market makers to re-load their own inventories because they are seeing large players accumulation growing. They like to reload around the day’s VWAP and around pivot and other floor levels, hence the help from the multi-pivots roadmap.