There was not a free update last Friday, so I will make this a free member courtesy day today.
That means we will show one of our 36+ daily charts, and the chart today is an important one.
Important, because it is a chart that show's the daily levels of Inflowing Liquidity. This market has been confusing many because they are finding that traditional indicators aren't working like they used to. The reason is the amount and timing of Inflowing Liquidity coming into the market.
As you can see on today's chart, Inflowing Liquidity levels took a dip yesterday and could test the Primary support line in the next few days.
However, if it does, one should take into consideration that Inflowing Liquidity is still in upper Quadrant One Expansion territory. A market problem will only start to develop when the Inflowing Liquidity makes a lower/low and starts to down trend into Contraction territory. It is a good reason to look at data like this first each day ... even before looking at other charts, because they will end up reacting to what is happening relative to money movements in the market.