Monday, September 15th. - Stock Trends, Charts, and Commentary (***If you see last week's Monday Update do a refresh: Click Here)
Last week we reported that the NYA Index was within just a few tenth's of 1% from its all time high.
Last Friday the NYA Index was at 10911.39 which was 162.01 points lower than where it was on September 5th.
Last week, we commented that the Fed couldn't afford to let the market die, so they were pumping in a lot of Liquidity to keep things up. By Friday, they had not pumped in enough so the Inflowing Liquidity levels were dropping.
While the level of Inflowing Liquidity was lower and down trending, it was still in positive territory so the Fed could still turn things back up.
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