TODAY BUY SIGNAL GIVEN AT - 2570
MARKET WENT TO - 2601
ENJOY 31 POINTS PROFIT IN SPX
AGAIN BUY AT ANY DIP
1. Volumes are greater than previous day - Suggests some interest from long time-frame participants.
2. Positive cash flow is slightly greater than Withdrawals.
3. Free Float capitalized weightage - Negative and Positive are at the same point.
Overall view - MP suggests that VALUE of SPX seems to be Increasing.
Market Profile/Volume Profile + Market Internals(TICK INDEX + UP/DOWN ) + can help the day trader to be successful.
Efficient Market Hypothesis talks about Price is Subset of + Event/News, So any Event/News can make this analysis wrong.
Any Questions comment here
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