The Importance of What is Happening Relative to Institutional Selling
We have discussed this many times before ... Discussed how the market can move up when Institutional Investors stop selling. As long as Institutional Investors are in a "Selling Up Trend", the market has to much pressure on it and it goes down.
On September 4th, Institutional Investors started an up trend in their selling, so the stock market went down.
Yesterday, the trend lines on Institutional Selling showed a downside cross-over tick. If it can continue that trending in the next 24 to 48 hours, then their reduction in selling will have an upside affect on the stock market. (This chart is published daily as Section 1, Chart 4 for our paid subscribers every day.)