Mixed signals

As I said in the last update, they did what needed to be done on their side. If the market goes higher, fine, but they don't need it too. what has happened already was enough. So these two charts may be a warning that this bounce will be short lived.

Above the one min chart is looking like the accumulation at least got the market higher since 1:00, it may go higher then that, I don't know.

The more important chart is where we see institutional money-the chart above is market makers. This is showing distribution into the rally, this is what I expected to see. How long this goes on is an unknown although the 1 min going negative would be a pretty good sign of the end.

So take appropriate measures to guard any gains. MAke sure you are looking at the shorts on the list. I'm running short scans now in-between everything else. I'll try to get some good ideas out there for you.

To me, logically, thinking as a criminal, I see no reason they can't go higher until the close and sell it off there if today were to be the last day, but really it depends on what they want to sell short and how long it takes to accomplish that. Plus how much inventory they may have if any on the long side, that would need to be distributed so the second chart could be that distribution or it could be them selling short. It's showing institutional selling, and for 3C, there's no difference between selling a long position or going short, they are both selling.