Market Update For Monday, Dec. 5
An Institutional Buy/Sell Overview ...
Below is the chart for Institutional Buying and Selling activity for last Friday's close. If you look at the chart you will see that Institutional Buying had a down tick and Institutional Selling also had a down tick.
The key here is that Institutional Accumulation was still in effect but it was at a lower level than you will see at the November 14th. to 15th. time period.
What does that mean? They are still in Accumulation which is good, but in less Accumulation which is a concern until we see where it goes, so be Cautious until we know for sure. Conditions are up but under higher stress on the short term.