Funds Flow Watch: $JCT 5-minute rally of 2.49%
To gauge the strength of buying pressure, I usually look at two details first:
· Are there clusters of large orders during the rally?
· Do large orders start selling after the price reaches a high?
For comparison: 24h trading volume was $316 million, down 3.65% over 24h. The first condition is met and the second isn’t—that’s when this move can be considered driven by buying pressure.
#JCT
To gauge the strength of buying pressure, I usually look at two details first:
· Are there clusters of large orders during the rally?
· Do large orders start selling after the price reaches a high?
For comparison: 24h trading volume was $316 million, down 3.65% over 24h. The first condition is met and the second isn’t—that’s when this move can be considered driven by buying pressure.
#JCT
