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nwsun

09/28/17 9:30 AM

#114715 RE: williamjf77 #114714

Is that a good sign while the price is dropping though? Does that still imply accumulation or is it sending a confused signal.

Its not a formation that is seen often on charts. Usually when the CMF moves into the green territory, is when the share price is heading up. In this case, its green and moving down. Can the CMF in green territory while the share price is moving down, imply that money is entering a short position? Or its hopeful longs believing the share price is going to have a big turnaround? Are both options viable?

Does the CMF acknowledge only long money coming in, or can it also show short money entering and still be in the green zone?