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Re: umiak post# 78389

Wednesday, 11/24/2010 11:23:22 AM

Wednesday, November 24, 2010 11:23:22 AM

Post# of 312102
Yes from the beginning of Nov, the MFI 21 (month-cycle) does show an uptrend. This is what I interpret as "quiet accumulation" given you can see the divergence from ChiOsc (Money Momentum) over the same period.

Since beginning Novemeber, the 2x MFI short-cycle (3 period) has been ever-so-gently pushing w/ a fair amount of CMF (high-end price) support. The expectation here is a pop-- just a matter of when.
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