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S&P 500
5,544.59
(
-0.78%
)
US TECH 100
19,234.40
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-0.19%
)
Dow Jones
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Post# of 154386
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ozzy52

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ozzy52

Re: Soapy Bubbles post# 8325

Sunday, 05/11/2008 11:58:41 PM

Sunday, May 11, 2008 11:58:41 PM

Post# of 154386
According to this web page
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_money_flow
the cmf measures buying & selling pressure and accumulation. That chart you just posted shows a cmf that indicates lots of buying pressure and lots of accumulation. Yet despite all the buying pressure and accumulation the price continues to drop.
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