Got it thanks! Since indices were moving up without those Faang stocks i surmised we'd see some price weakness later in day. Wow what a move.
Take care
Got it thanks! Since indices were moving up without those Faang stocks i surmised we'd see some price weakness later in day. Wow what a move.
Take care
Today, the NQ8 is weaker than the NQ100 in terms of Money Flow. This is due to AAPL.
It is something important to note looking forward.
Pascal
The positive Money Flow divergence at the start of the day was a good indication for the rest of the day.
Pascal
The NQ8 section of the market looks rather weak today compared to the 20DMF.
I was thinking that AAPL would have been the target in China, but it seems that most of the NQ8 stocks are down and under heavy selling (AMZN, MSFT, GOOGL, FB, but AAPL not so much).
This points to Index followers selling the most liquid stocks.
Pascal
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