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Cycle Trading

Stocks Deliver Sell Signal

Stocks broke out to a new daily cycle high on Monday.

Monday was day 21 for the daily equity cycle. The new high on day 21 shifts the odds solidly towards a right translated cycle formation. However Monday was the second day in a row with a large Selling on Strength number being printed.

Over 635 million is Selling on Strength printed on Friday. An additional 410 million Selling on Strength printed on Monday. The over 1 billion in Selling on Strength over the past two days is clear indication that smart money is selling into the break out.

2 responses to “Stocks Deliver Sell Signal”

  1. Bob Caterino Avatar
    Bob Caterino

    I like it when your reports include BOW and SOS numbers. how can i follow them during the trading day? is it just the MONEY FLOW indicator that comes with most charting platforms?

    Reply
    1. likesmoneystudies Avatar
      likesmoneystudies

      Stockscharts do have money flow indicators. But the BOW & SOS that I referenced can be found here: http://www.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html

      And it is updated throughout the day.

      Reply

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