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Re: veloyt post# 119893

Wednesday, 04/09/2014 2:49:33 PM

Wednesday, April 09, 2014 2:49:33 PM

Post# of 148335
Hi Veloyt, simple put CMF is the flow of cash into a stock, which can be utilized to spot trends in price movement and accumulation. Right now we see heavy buying pressure and money flowing in. Of course that isn't evident in the price right now, but what it does tell us is that there are more buyers then sellers, and greater accumulation than distribution, over this 20 day period.

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_money_flow_c