This Time Is Different

Bubble Burst? Smart Money Flow Index Continues To Decline To 1995 Levels

The Smart Money Flow Index, measuring the movement of the Dow in two time periods: the first 30 minutes and the last hour, has just declined AGAIN.

https://confoundedinterestnet.files.wordpress.com/2018/11/smartdow.png

The Smart Money Flow Index, like the DJIA, has been around for decades. But it has just fallen to the lowest level since 1995.

https://confoundedinterestnet.files.wordpress.com/2018/11/smfdow31.png

Is the asset bubble starting to burst? Or is it just one lone indicator getting sick?

https://confoundedinterestnet.files.wordpress.com/2018/11/008-sick-of-this-party-2132469.jpg

Source: Confounded Interest

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