Where is the Stock Market Going?
So, where is the stock market going next? To know the answer: "follow the money".
Today's chart shows the net Inflowing Liquidity into the stock market and the hurdle for this week.
Where is it now? Inflowing Liquidity is in the middle of Quadrant 1 positive Expansion territory and in a small sideways trading range.
What is important about the range now, is that the Inflowing Liquidity is about to test the upper resistance of the range.
What are the implications? If it breaks out to the upside and holds, it will take the market with it for an upside ride.