Cobra's Market View Private Messaging System shows:
For Today: A Double Elevated Alert Watch: Institutions were in Accumulation with their Buy/Sell SPREAD decreasing. Buying decreased, with selling increasing ... Note that the Selling was above its March/May resistance line on Monday and it closed above the shorter term horizontal resistance line yesterday (Wednesday). This intensifies the Alert Watch on Institutional Selling again. Institutions are still in net accumulation, BUT ... On both, Monday AND Tuesday, we said: "It is time for you to start thinking about taking some money of the table and reducing your exposure". Continue to do so.