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ANYT money flow part#2


Money Flow indications, the main flow indicators show different indications, because they each, are looking for different things.

OBV is looking for retail actions.
Accu/Dist is looking for retail sentiment.
CMF wants to know the strength if that sentiment.



Note: I'd say none have turned strong negative yet, with retrace happening. Because retail is holding a positive over all felling about the trade, seen in the retrace holding within the FIBs exceptable levels, so far.

Only OBV sees positive mindset weakening at this point. Watch what happens if the PPs falls below 61% on strong volume. They will all change, from money flow in to out! Right now all volume indicators are telling me, retail supports the continuation of the move up.

Again volume indicators are supporting indicators, not buy/sell. All this is why.