Last week's Volume Oscillator for reference
1/24 = -251/25 = -38
1/26 = -25
1/27 = -16
1/28 = -68
This week's VO
1/31 = -41
2/1 = 3
2/2 = -15
2/3 = -7
2/4 = -8
This post will be updated nightly throughout the week, so check back periodically for new information.
Nice, got my end of the month lo. Some consolidation would be nice though before another pop into next week.
ReplyDeleteParker,
ReplyDeleteDo you have a projected short term or intermediate term top in the S&P based on your MFI. You hit a good one on Jan. 28...but I remember last week or so you mentioned another top sometime around this time period.
Seems like there is a lot of action around Feb. 4th and Feb. 18th. Not sure if the 18th will be a high or a low, but appears to be an Armstrong cycle around that date...and the market almost always turns around the 21st-22nd of Feb. (at least short term).
Thanks
Fred
ReplyDeleteA bunch of different Money Flow Ts suggest mid-February might be an important turning point.