Yesterday saw the strongest run of Buy Programs in a long time....(see graph below).
Today, the market opened with more Buy Programs (see below)...Guess what happened...The market charged up.
These last two days are solid examples of how reading the tape, via Transaction Level Analysis, can give you a handle on the real moves behind Supply & Demand.
I hope that these pictures of the Program Trading in the S&P 500 (and other historical graphics in recent posts) can tell more of a story than I can.
Hope that you find this interesting.
Today, the market opened with more Buy Programs (see below)...Guess what happened...The market charged up. These last two days are solid examples of how reading the tape, via Transaction Level Analysis, can give you a handle on the real moves behind Supply & Demand.
I hope that these pictures of the Program Trading in the S&P 500 (and other historical graphics in recent posts) can tell more of a story than I can.
Hope that you find this interesting.
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