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Daily Report 29th June Russell TF Futures - Indicators Technical Analysis
This Is The Daily Sceeto Report
For The Russell TF Futures
On 29th June
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Old Fashioned technical anaylsis
Is Stoneage and Dead At This Stage
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order flow is what changes price action and momentum
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Courtesy of Wikipedia From Wikipedia, the free encyclopedia
These days Robots control the market so market sentiment isn't as important as before.
The big banks have advanced computer sytems or robot traders set to buy and sell at certain levels throughout the day. This tye of trading is often called high frequency trading or hft trading as well as program trading and these are the trades that move the market. Technical anaylsis, sentiment trends are all becoming less and less important as program trading accounts for almost 75 to 80% of all the daily trades on the US stock market as well as other world markets each day. So someday it looks like the bulls are in control. Other days it looks like the bears are in control. Don't be fooled it's the robots that are in control. Pure and simple. Sceeto has the most advanced realtime indicators anywhere that monitor hft or program tradfing as well as order flow and the movement of the market in real time. It's advanced indicators can catch moves and trends before they happen not afterwards.
Market sentiment is the general prevailing attitude of investors as to anticipated price development in a market. This attitude is the accumulation of a variety of fundamental and technical factors, including price history, economic reports, seasonal factors, and national and world events.
