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Re: doogdilinger post# 4889

Monday, 01/13/2014 10:51:49 AM

Monday, January 13, 2014 10:51:49 AM

Post# of 38634
Balance of power is up on every time frame. Monthly has been at 100% since Nov 2012, Weekly at 100% since week of Nov 22nd, Daily back to 100% since Jan 9th, hourly also holding 100% since Jan 9th. This is a good indicator to tell you what institutions are up to, and based on this indicator they are buying and holding.

From the TeleChart2000 Help Topics: BOP
"BOP tells you whether the underlying action in the trading of a stock is characterized by systematic buying (accumulation) or systematic selling (distribution)."