charts by ChaikinAnalytics: DIA, SPY, QQQ, IWM, SLY

Courtesy of ChaikinAnalytics.com

Courtesy of ChaikinAnalytics.com

Courtesy of ChaikinAnalytics.com

Courtesy of ChaikinAnalytics.com

Courtesy of ChaikinAnalytics.com

Charts from ChaikinAnalytics.com were recently posted on Jan 4,2016.   The OverBought/OverSold (OB/OS) indicators on Jan 4th were primarily OS.  On most of the charts above the OB/OS indicator has a bias being OB.   But the market has not made much of an advance since Jan 4th.  This suggests weakness in the market.  Also note the trend lines drawn on the charts above.  Most of them are either flat to down.   Note the trend lines drawn on the CMF.

Chaikin Money Flow - Conclusions by StockCharts.com
Chaikin Money Flow is an oscillator that measures buying and selling pressure over a set period of time. At its most basic, money flow favors the bulls when CMF is positive and the bears when negative. Chartists looking for quicker money flow shifts can look for bullish and bearish divergences. Be careful though. Selling pressure still has the edge in negative territory, even when there is a bullish divergence. This bullish divergence simply shows less selling pressure. It takes a move into positive territory to indicate actual buying pressure. As an money flow oscillator, CMF can be used in conjunction with pure price oscillators, such as MACD or RSI. As with all indicators, Chaikin Money Flow should not be used as a stand-alone indicator. Marc Chaikin also developed the Accumulation Distribution Line and the Chaikin Oscillator.

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results