Saturday, 29 October 2016

The Real Stock Market - Distribution in charge

Lets review the real stock market, and not the Wallstreet marketing tools like SP500 and Dow Jones Industrials. The truth is 'distribution' has been active for the last 18 months.
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After a period of distribution and major market players have sold all they are going to sell, the major market players will either load up on 'shorts' for a down swing or wait for a time to re accumulate 'longs' for higher prices, as this is one week before US elections you can understand that the major market players have yet to decide which way it will go.


NYSE (1800 to 3000 stocks) : No new highs, sideways action, supply keeping the market down.

NYSE



Russell 2000: No new highs, sideways action, supply keeping the market down.

RUT



Original Post: http://ift.tt/2fhVmyv