Serious divergence ES Price/Order Flow

The price chart is an overlay of day bars of ES on top of bars representing the 24 hour session. Day Bars in Blue.

The bottom chart shows cumulative order/money flow.

Of note is that over the last trading month price continues to make new highs and money/order flow diverges dramatically. In the past such divergence has foretold 100 pt + declines.

Trouble posting chart. It is posted the next post.

 

The price chart is an overlay of day bars of ES on top of bars representing the 24 hour session. Day Bars in Blue.

The bottom chart shows cumulative order/money flow.

Of note is that over the last trading month price continues to make new highs and money/order flow diverges dramatically. In the past such divergence has foretold 100 pt + declines.

Having trouble posting chart

 

Our perma bears and premature shorts will be glad to hear this.

 

Thanks for posting the chart. How do you measure the order flow?

 

1) The indicator "conforms" to the market.
2) The market doesn't have to "conform" to the indicator. :eek:

 

I like ur indicator

this is wave 5 im counting on a pullback, even tho it seems impossible because of uncle ben