It means get ready for the SP to rise as there is a divergence. The weak have just about been shaken out & the smart money is accumulating. Anything under the 8.55c SP issue price for the Parton acquisition is a bargain.What Does the Money Flow Index Tell You?
One of the primary ways to use the Money Flow Index is when there is a divergence. A divergence is when the oscillator is moving in the opposite direction of price. This is a signal of a potential reversal in the prevailing price trend.
For example, a very high Money Flow Index that begins to fall below a reading of 80 while the underlying security continues to climb is a price reversal signal to the downside. Conversely, a very low MFI reading that climbs above a reading of 20 while the underlying security continues to sell off is a price reversal signal to the upside.
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It means get ready for the SP to rise as there is a divergence....
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