A Mixed Situation?
The market is showing a "lot" of weakness, and Inflowing Liquidity levels are showing a "lot" of money coming in to support the market.
Today's Inflowing Liquidity chart shows:
1. Liquidity is still in upper Quadrant 1 which is still in Expansion territory.
2. That there was a down tick in Liquidity yesterday.
3. That the net Inflowing Liquidity amount was inside the current triangular formation and above the triangle's support line.
In spite of the weakness and scariness of the market yesterday, those who go short with this level of Inflowing Liquidity normally get hurt ... so be very careful.