20dmf

[Pascal]

I am rather surprised to see the market's continuous uptrend without the 20DMF detecting any money moving in.
This is an extremely well controlled environment.
The only real money that is coming in is into oil futures and PM.
Not the way you'd expect a sustained bull market.



Pascal

[ernsttanaka]

Agree Pascal -- it is a strange environment.

I am looking @ the vix and cumulative tick and although Billy is more an expert in reading the Cum.Tick, I am surprise how well cum.tick maintained its value during the sell off of early this week.

The Vix spiked hard, but is coming down nicely, which only means some big parties are selling puts, either out of long put inventory or part of new long delta positions.

Ernst