Money flow is almost back to the top of the cycle (blue line) ... this does not mean automatically the market will rollover from here. We may have to get one more full cycle under our belts before we see any downward movement ... we will just have to wait and see.
Today for the NYSE we had an 87% up volume day and only a small amount of net money inflow into the broader market. We did have some volume .... but it was not an extreme amount. I do believe we do have higher to go in this rally over time based on the government stimulus and low interest rates. The money flow for the daily chart has/is peaking on this move up in price ... all we need to do is watch to see if we see any signs that we might need to wait one more money flow cycle up before we short (the short or exit will only be for a short period of time) as I do believe we will move up higher in price over time.
This picture keeps me up at night ... the dollar may be in serious trouble.
Money flow is almost back to the top of the cycle (blue line) ... this does not mean automatically the market will rollover from here. We may have to get one more full cycle under our belts before we see any downward movement ... we will just have to wait and see.
Today for the NYSE we had an 87% up volume day and only a small amount of net money inflow into the broader market. We did have some volume .... but it was not an extreme amount. I do believe we do have higher to go in this rally over time based on the government stimulus and low interest rates. The money flow for the daily chart has/is peaking on this move up in price ... all we need to do is watch to see if we see any signs that we might need to wait one more money flow cycle up before we short (the short or exit will only be for a short period of time) as I do believe we will move up higher in price over time.
This picture keeps me up at night ... the dollar may be in serious trouble. 
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