Quote Originally Posted by senco View Post
Interpreting 'hidden accumulation' - is it mostly because of the DMF of the ETFs, ot is there something I could see on price/volume or other charts? ... I was trying to get some reading from the NH-NL breadth, and it seemed to deteriorate in the afternoon.
Senco,
“Hidden accumulation” behind a distribution day would be detected by a positive intraday 20 DMF at the close (it closed at -40%) and a close above the intraday VWAP (all indices ETFs closed well below). I don’t see better ways to detect weakness buying by large professionals.
Billy