The Chaikin Money
Chaikin Money Flow Indicator (NYSE Index Daily Chart)
The explanation of the Money Flow Indicator has been moved to the “Home” page. Many of our own disciplines make use of money flow indicators, especially to see if there are divergences between money flow and price action. None of our disciplines or strategies rely on any single tool or indicator as a buying or selling “trigger” by itself. Each indicator is one of a matrix of elements that we frequently incorporate in our analysis. Consider that each element in the matrix is like one piece in a jig-saw puzzle. Separately, the indicators may not tell you much. Taken together, they form a picture.~ Dr. Felt