Quick Charting MultiMarket Money Flow June 4

Jun 4, 2015: 11:21 AM CST

Today we’re seeing volatility spike in all markets with a “Risk-Off” perspective sweeping the scene.

Let’s plot today’s price movement and determine where money’s flowing… and where it’s going.

The Multi-Market Grid plots the @ES Futures (Stock Market), @GC (Gold), @CL (Crude Oil), and @TY 10-Year US Treasuries.

First, money is leaving Stocks, Gold, and Oil as breakdowns have developed in each of these “Risk-On” Markets.

Stocks moved down away from the 2,120 level toward the 2,100 pivot target where we are now.

Gold broke down away from the $1,200 level, out of a small rising trendline channel – it’s now at the $1,175 pivot.

Oil – as was logical – broke down away from $61.00 on a clear negative divergence and now tests the $58.00 level.

Treasuries (see my update post from yesterday morning) are catching a bid with a bounce up off the 125 level.

The Grid above is the short-term picture of “Risk-Off” protection and sell-swings/breakdowns as noted.

Even if you don’t trade these markets, it’s helpful to plot money flow in terms of “Risk-On” or “Risk-Off” across the board.

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Corey Rosenbloom, CMT
Afraid to Trade.com

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4 Responses to “Quick Charting MultiMarket Money Flow June 4”

  1. June 4 Breakdown Market Update and Big Stock Scan | Afraid to Trade.com Blog Says:

    […] we saw earlier this morning in the Multi-Market Money Flow, we’re seeing a shift to Risk-Off […]

  2. More Big Movement in the Multi-Market Money Flow Grid Today | Afraid to Trade.com Blog Says:

    […] Be sure to view yesterday’s similar update post for a reference. […]

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