Money flow has peaked and looks to be turning down. We should see some more weakness in the short term on the hourly chart for the Dow.
The money flow has turned back up for the Dow daily chart ... the only question is how strong will this upward push is going to be? Today we had a 53% up volume day and an inflow of cash on the broader market.
The dollar was down today ... this will be interesting to see how long the push down is going to last. Look at the two short term indicators at the bottom of the chart ... both have topped and looks to be headed lower. If the dollar declines ... this should give some support to stocks.
Money flow has peaked and looks to be turning down. We should see some more weakness in the short term on the hourly chart for the Dow.
The money flow has turned back up for the Dow daily chart ... the only question is how strong will this upward push is going to be? Today we had a 53% up volume day and an inflow of cash on the broader market.
The dollar was down today ... this will be interesting to see how long the push down is going to last. Look at the two short term indicators at the bottom of the chart ... both have topped and looks to be headed lower. If the dollar declines ... this should give some support to stocks. 
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