Applying the same Institutional Portfolio approach to our TREND Indicators results in the following NEW Chart.
We update the VixOSC, Portfolio TREND and the OptionFlowExtremes Charts on a regular basis, which you find under our SUSI GRAPHS on the right side ===>>>>
With the lightest volume of the year that is already way below last 10-20 years, do you believe that a turn up could be taken up from accumulation/institutional stand point when even daytraders are not trading anymore? I know your charts state another theory, but ZERO volume melt-up isnt healthy. Thus, do you believe that volume should be incorporated in the institutional and other charts?
ReplyDeleteJason_70
I have stopped interpreting things. Look at Friday's anemic rally, driven by the machines and their algos. All we try here is to observe how the algos are positioning themselves. I personally believe that this rally is NOT HEALTHY but who cares if the algos push the market towards the path of max. pain for the 'others'.
ReplyDeleteThis is a very dangerous market!! ...but in the long run the old weighting machine still works to paraphrase BUFFET.