AI
Wednesday, November 26, 2014 12:43:29 AM
Yuck sorry Sam 
The good news is that the Money Flow 3 cycle out is bottoming. The Money Flow rules I follow WRT OTC stocks (FTR I only sparsely trade them anymore):
--Watch MFI 21 push up threw the 50 line. This is the realm of "smart money." Setup is MFI 21 > 50.
--Then the next MFI 3 cycle up begins the P&D clock if CMF 3 (ask slappers AKA retail) is also up and 5,15,0 PVO (volume) flips w/ buy volume causing the increase.
--ChiOsc (money momentum) needs to either be green or begin to move to green.
More detailed explanation of Money Flow TA here: #msg-72504953
In DROP's case, I don't know what is causing drop as I have only scanned the board briefly. If you compare this movement with the last Pincher setup in May, you might have to wait through a few false starts
The other Money Flow indicator to "watch for" is Raw money flow. Some brokerages have the indicator available on its charts, Bigcharts.com has it too but Stockcharts.com does not. I use Raw money flow for intraday monitoring on five down to one minute charts.
The good news is that the Money Flow 3 cycle out is bottoming. The Money Flow rules I follow WRT OTC stocks (FTR I only sparsely trade them anymore): --Watch MFI 21 push up threw the 50 line. This is the realm of "smart money." Setup is MFI 21 > 50.
--Then the next MFI 3 cycle up begins the P&D clock if CMF 3 (ask slappers AKA retail) is also up and 5,15,0 PVO (volume) flips w/ buy volume causing the increase.
--ChiOsc (money momentum) needs to either be green or begin to move to green.
More detailed explanation of Money Flow TA here: #msg-72504953
In DROP's case, I don't know what is causing drop as I have only scanned the board briefly. If you compare this movement with the last Pincher setup in May, you might have to wait through a few false starts
The other Money Flow indicator to "watch for" is Raw money flow. Some brokerages have the indicator available on its charts, Bigcharts.com has it too but Stockcharts.com does not. I use Raw money flow for intraday monitoring on five down to one minute charts.
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