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Re: bigrun post# 41659

Friday, 06/29/2012 10:56:08 AM

Friday, June 29, 2012 10:56:08 AM

Post# of 74729
the accum line isnt always the most accurate indicator especially when end of day paint jobs are occuring. it is driven by opening and closing prices as indicated....if we get an end of day paint job to close the stock higher the accum line will be positive.

The Money Flow Multiplier fluctuates between +1 and -1. As such, it holds the key to the Money Flow Volume and the Accumulation Distribution Line. The multiplier is positive when the close is in the upper half of the high-low range and negative when in the lower half. This makes perfect sense. Buying pressure is stronger than selling pressure when prices close in the upper half of the period's range (and visa versa). The Accumulation Distribution Line rises when the multiplier is positive and falls when the multiplier is negative.
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