lowtrade

[trader guy]

Just want to throw in my 2 cents here on CMF. It's based on Accum/Dist which can be easily manipulated with low volume stocks by painting the close higher even though the day is down. Not that a high CMF doesn't warrant a watch. It just shouldn't be used as a reason for entry. Price, pattern and volume in the right direction supported by a favorable CMF are the only reasons for entry.

In short, uptrending CMF with a downtrending price should be regarded with suspicion until supported by price and volume.