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cruzdelsur

10/07/14 8:37 AM

#10393 RE: jimmenknee #10386

Money flow in downward trend????? Really?

Your TA doesnt take into account of the 4.2 million dollars in private finance by accredited investors? It doesnt show up in the technicals, right?


Big LMAO

DRIO



jimmenknee

10/09/14 12:13 AM

#10678 RE: jimmenknee #10386

Money Flow Chart Update: "Catch a Paring Knife (Hopefully)"

The price collapsed as feared (#1 on chart). Broke Raff Regression Channel (blue) and Fibonacci Fan (gray). Fibonacci support (S2) @ 0.307 key level to watch (was breached today).

Money Flow TA 3 Cycle Almost Bottomed: Money MOMO (ChiOsc) continued in a downward (negative) direction, which contradicts the short-term Retail (CMF 3) slight upturn (#2 on chart) but not "Smart" (read: manipulative) Money's (MFI 3) continued downturn.

To note, the monthly cycle of Retail/"Smart" money direction could drop into oversold territory as the final of three remaining larger buy volume bars was removed from calculations...

... this creates a volume (PVO) pivot as it pertains to direction-- no news increased downward volume pressure (#3 on chart) in a liquid float will flush out remaining flippers/"smart" money sells and prep the way for a bounce.