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| Sentimentrader Rydex Bull Flow |
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| Sentimentrader Rydex Bear Flow |
The Rydex Bear Flow indicator gives me the impression the bears have been getting steadily squeezed out.... and the latest push up in stocks finally moved it into the red zone. There is room for it to go higher, but you can see that previous corrections have come when we see this indicator in the red zone area. Rydex Bull Flow is not in the red zone, but it is in the upper half suggesting a lot of folks are positioned on the long side. I hate to keep sounding like a broken record, but please be careful on the long side here... especially now that it appears bears are throwing in the towel.
(The Rydex indicators are updated daily; these charts are including Sep 10 data)
