20DMF

[Pascal]

The 20DMF is closer to a Cash Oversold than a Buy oversold signal.
This is due to the fact that we had a gap up this morning and that both price and MF are down since the open, although nothing spectacular.

I indicated below that EOD levels. These levels are narrower because the intraday volatility is higher than the close to close volatility.

You will also note that the Buy Oversold level is inactive right now, because to be active, the days' MF must be 0.1% higher than the MF of the previous close. If money moves in, the MF will turn positive very fast. So, this is not a concern for now. We would need a spectacular afternoon reversal to get a buy signal.