Opening imbalances today were decidedly negative.. like 100% of symbols..

mim

Today’s opening imbalance was all about the sell.  You can see the #PCT on the 2nd chart that the percent of the stocks that had imbalances were almost entirely sell-imbalances.

They quickly paired off on the open however, so plenty of eager buyers in the cash market.

 

The closing MIM is just starting up.

 

 

 

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Marlin Cobb (296 Posts)

Marlin Cobb, aka RedLionTrader has been trading for over ten years. Previously, Marlin worked in high-technology with a specialty in very high resolution display controllers. Marlin’s recent work has been in market timing signals. As a developer of the MrTopStep imbalance Meter (MiM), he is also a leader in the MrTopStep IM-Pro Trading Room, where he shares trading ideas and breaking market news live from the floor with our other professional traders and new traders eager to experience the power of collective intelligence. Join us today and get the edge only social trading can give you.


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