Today the Buying Pressure chart made a new low of 6. It broke the June 2015 low of 7. This chart has been showing a decline in buying pressure since it made a top with the SPY in early November 2015.
Although the stock market is nearing an OS condition, this chart indicates market weakness until some positive divergence that may be needed to indicate a move up in the market.
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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
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