Intermediate Timeframe Indicators Show Promise, but Big Money Buying Pressure is Simply Not There

Major US indexes rallied yesterday, pointing the key intermediate market forecast oscillator (Factor 8) ever so slightly bullish for the S&P 500 index ETF SPY and Nasdaq 100 Index ETF QQQ. However confirmation in the form of buying pressure (money flow) is not quite there yet. So Tailwind % Scores remain bearish.

Major Asset Class ETFs

Here's how buying…