Today, the selling is too strong to be adding to the long position.
wait and see
Pascal
Today, the selling is too strong to be adding to the long position.
wait and see
Pascal
Some accumulation today. This could be due to options expiration though.
Planning to increase the long position here
Pascal
Roller coaster patterns are not good, especially for broad indices because they point to liquidity swings. Algos have been detecting liquidity inflow and then outflows and acted accordingly. This tells us that there is not stable flow and hence no trend is reliable, nor are sustainable narratives supporting any market direction for more than a day or two.
Out of the markets for now
Pascal
Today's activity is still miserable in terms of Money Flow.
Pascal
The positive Money Flow divergence at the start of the day was a good indication for the rest of the day.
Pascal
Tech under pressure as each price bounce is sold.
Pascal
This type of linear accumulation points to outside money destined for market support.
Not good to be short here unless that money vanishes.
Pascal
No sign - yet - that Santa Claus is preparing some present from China.
We should expect some trial rumor anytime though.
Pascal
No real conviction today. Is Santa Claus dead?
Pascal
Very poor market today. The 20DMF is about to issue a short signal.
Pascal