Can someone please explain to me why the money flow
is so low, but stock price close to upper trend of channel and RSI
also very high? I think DAL and IYT
) overdue for correction, and since this sector has been best of bread in an otherwise stalled market, I think the smart money has already flowed out and sitting pretty, while those not watching closely will get a not so pleasant surprise during a sharp sell off soon. Have PUTS laid in. Also, check out last trip to the bottom channel trend line
, overshot big time... this time? Well, what do you think? Yes I said "correction", and this could very well rattle the markets. When DAL starts its decline, I will be watching very closely where it winds up.