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Seth Golden posted an update 6 years ago
Smart Money Index can be leading indicator for S&P500, has collapsed. Index measures tendency for smart investors to sell into usual initial euphoria at mkt open & buy position back in 30 mins before close. Doesn’t work when BEARS begin to dominate market. (via SG)
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Hi Seth, where can I find the smart money index indicator and how frequently is it updated? Is it worth monitoring daily?