Tuesday, July 9, 2013

S&P 500 - Smart Money update

Quick up-date of Smart Money actions. Well, nothing has changed. Broad market in the US is stuck at the moment but big investors keep on selling:

Another interesting metrics - new highs and the difference between new highs and new lows:

The last peak was set on 21 May 2013  - then there were 700 new highs. But when the previous peak was set on 14 September 2012 there were as much as 958 highs. The same with the difference between new highs and new lows.

This is not a picture of the healthy market.