Thursday, December 3, 2009

Stock Market Update - December 3, 2009

Things have turned ... both money flow and price indicator have turned down on the hourly chart for the Dow.

The daily chart shows that money flow has turned down as well ... we might see an extended push down here ... so be warned. Today we did have some inflow of cash on the broader market and the NYSE posted a 70% down volume day.

No comments:

Post a Comment