Noticed another pattern with MCDX smartmoney, that each time we got big red spikes, then the price went up.
MCDX is an indicator based on specific formular to detect Buyer and Seller momentum
Red means Buyer's momentum.
Green means Seller's momentum
Height of RED bar > 50% means BUYER is in control. i.e. preferable to have RED more than GREEN to go long.
Green colour is Retailer (Avoid)..
Yellow is HotMoney (Fast in Fast Out.. can make money but need to be cautious)
Red is Banker (Solid stock with potentially strong institutional support)
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