You already know that in the present day extra quantity is traded in dark markets than in official markets, as now we have talked about many instances.
However they’re markets the place people don’t enter and due to this fact they replicate to us what strong palms do.
It also needs to be remembered that right here the quantity is calculated by giving all the values the identical weighting. Properly, the brutal bearish divergence that has appeared in the final three days requires our full consideration. A couple of days the place the SP 500 has risen steadily. Actually, it ended the week even above the 4500 and at all-time highs.
Properly, whereas people purchase the quantity in the dark market, it has change into a very strong vendor. Day by day and on Friday this distribution course of has elevated quite a bit.
In the final 5 instances that the SP 500 in the excessive zone had this improve in gross sales quantity displaying a potential distribution course of, there was a scare. Every thing appears to point out that it’s inconceivable for it to go down, however exactly for that cause it’s when there may be most hazard. Eye.
The GEX has additionally turned decrease
The one however is that the MOC that often confirms these items nearly all the time, on Friday had a strong purchaser stability with 1,200 million in purchaser imbalances and solely 152 sellers.
In any case, the market is very unbalanced and unusual. It could possibly go on like this for a very long time, however after all you already stay on high of a powder keg.
Jose Luis Carpathians