Tuesday, March 27, 2012

Tuesday Evening

Sentimentrader Rydex Bear Flow Indicator

Sentimentrader Rydex Bull Flow Indicator

The markets drifted around flat most of the day and the bears stepped in during the last hour to close the S&P futures on the low of the day (1406). It's been awhile since we've looked at the Rydex indicators... so I thought I would put them up tonight. The bull flow indicator doesn't look all that bad... but the bear flow indicator is suggesting we've lost a good amount of the short base in the market.