Institutional Investor Accumulation-Distribution Update ...
Institutional Investors still control over 50% of the stock market and because of this, they are a predominant force in the trending direction of the market.
Therefore, it matters ... it matters if Institutional Investors are in Accumulation or Distribution.
So, let's go back to September 13th. and see what they have been doing since then.
In the chart below, the blue line shows the amount of daily buying by Institutional Investors, and the red line shows the amount of daily selling.
So, obviously, if the blue line is higher than the red line, then the amount of buying exceeds the amount of selling which would indicate that Institutional Investors were in Net Accumulation. And that has been the case for the past month. (Actually, they started into Accumulation on September 2nd.)
The next thing you may want to know is this:
Is the Institutional Investor "rate of expansion" in Accumulation rising or falling?
If it is rising, then their bullishness would be increasing. If it were falling, then their bullishness would be diminishing.
If you look at the chart below, I drew a line from the levels on September 13th. to yesterday's level at the close. What can you observe?
You should be able to see that the amount of buying has actually trended a little bit lower, while the amount of selling has trended a little bit higher.
So, from this you can say that Institutional Investors have remained in Accumulation, but that their Accumulation levels have been lessening. It says that they are less aggressive about increasing their accumulation than when they started on September 2nd.