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| Sentimentrader Rydex Bear Flow Indicator |
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| Sentimentrader Rydex Bull Flow Indicator |
Index futures have been grinding higher since the morning dip, Naz and Russell are leading the way. I've been looking at the Rydex Data from last night (updated daily 11pm) and I'm thinking about the possibilities going forward.
There is potential for another push lower that moves these indicators into the red circle zones I have drawn in.... and there is also potential for the current reading (blue line) to be close to some sort of low in the market. In other words, no clear setup at the moment, but it is getting a little closer to a "ripe for buying" signal.