Money flow is headed back down on the hourly chart ... so I'm not surprised we are seeing some weakness. The dollar also cooperated today by showing a small bit of strength.
Money flow is peaking as well as the other indicators ... I would not be surprised price to cool off over the next couple of weeks. Today we had a 62% down volume day and a large cash outflow on the broader market.
But I still say its all going to come down to this ... the dollar. The direction of the dollar will determine the direction of the market. Sorry but nothing has really changed.
Money flow is headed back down on the hourly chart ... so I'm not surprised we are seeing some weakness. The dollar also cooperated today by showing a small bit of strength.
Money flow is peaking as well as the other indicators ... I would not be surprised price to cool off over the next couple of weeks. Today we had a 62% down volume day and a large cash outflow on the broader market.
But I still say its all going to come down to this ... the dollar. The direction of the dollar will determine the direction of the market. Sorry but nothing has really changed. 
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