Monthly Archives: November 2016

MARKET WRAP – Bullish Volume Flows

Bullish Volume Flows

Extremely heavy positive volume in the 3X ETFs, such as NUGT, JNUG, LABU and ERX, have been quite predictive of intermediate cycle lows and bullish trending moves that follow. The S&P 500 has made a breakout to new highs but it is possible that this move was manufactured by big money to escape their long positions.

Like our new Facebook page to stay current on all things Smart Money Tracker