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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (93493)3/18/2004 10:14:37 AM
From: bcrafty  Read Replies (1) of 209892
 
Shack, could you explain what you meant about money flow on KLAC showing accumulation?

stockcharts.com[w,a]daclyyay[dc][pc20!b50!f][vc60][iLc20!Lb14]&pref=G

Using CMF (20) it looks like money flow has been declining since the January top and went negative the first week in February. I do, however, see a very slight divergence with price beginning 3/8, but that divergence alone (especially in light of volume and price) doesn't make it seem like any noteworthy accumulation is going on.
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