Serious divergence ES Price/Order Flow

J

JackDogII

The price chart is an overlay of day bars of ES on top of bars representing the 24 hour session. Day Bars in Blue.

The bottom chart shows cumulative order/money flow.

Of note is that over the last trading month price continues to make new highs and money/order flow diverges dramatically. In the past such divergence has foretold 100 pt + declines.

Trouble posting chart. It is posted the next post.
 
The price chart is an overlay of day bars of ES on top of bars representing the 24 hour session. Day Bars in Blue.

The bottom chart shows cumulative order/money flow.

Of note is that over the last trading month price continues to make new highs and money/order flow diverges dramatically. In the past such divergence has foretold 100 pt + declines.

Having trouble posting chart
 

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Quote from JackDogII:

Of note is that over the last trading month price continues to make new highs and money/order flow diverges dramatically. In the past such divergence has foretold 100 pt + declines.
More...
Our perma bears and premature shorts will be glad to hear this.
 
Quote from JackDogII:

The price chart is an overlay of day bars of ES on top of bars representing the 24 hour session. Day Bars in Blue.

The bottom chart shows cumulative order/money flow.

Of note is that over the last trading month price continues to make new highs and money/order flow diverges dramatically. In the past such divergence has foretold 100 pt + declines.

Having trouble posting chart
More...

Thanks for posting the chart. How do you measure the order flow?
 
Quote from JackDogII:
----The price chart....
----cumulative order/money flow.
----Of note....
----diverges dramatically.
----In the past....
----foretold 100 pt + declines.
More...
1) The indicator "conforms" to the market. :cool:
2) The market doesn't have to "conform" to the indicator. :eek:
 
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