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frenchee

08/18/14 10:33 AM

#6564 RE: hando #6563

Marty's Update on Big Boy/Girl Investing

Update on Institutional Selling ...

The good news is that Institutional Selling has been in a down trend since August 8th. As long as that is how it trends, the market will go higher.

But, there is also some concerning news on today's chart. Take a look at our 1 through 4 labels on the Institutional Selling. You should notice that 3 is higher than 1, and that 4 is still higher than 2.

What does this mean? The above describes an up trend because that Institutional Selling activity has been making higher/highs and higher/lows. Up trends in the market are good, but up trends in Institutional Selling are not good.

So, unless this trend changes, there will be another leg down after this current short term up move.
(Note: The Institutional Selling activity is tracked and posted every day on our regular subscriber site.)

Please click on the link below for today's complete commentary and chart:
http://www.stocktiming.com/Monday-DailyMarketUpdate.htm