124 days ago • Posted by Jasper Lawler
A sharp turnaround from EOD buying to selling is bearish
"over the past 3 months, a net 29 days have seen stocks fall during the last hour of trading." And to visualize, ST shows a chart of the Cumulative Last Hour Indicator (not to be confused with the Smart Money Flow indicator) which reveals the biggest 3-month drop since 1997 even as the S&P has continued to levitate to all time highs.
Source: Zero Hedge