Sellers Come in to the Ten-Year T-Notes
Sellers are still pressing the market lower after testing the resistance zone yesterday. The trend is down because the daily RSI readings have closed below 38.
The Aggregated TradeFlow chart is set to 5-ticks range (available in CQG 7.5) with my two custom studies plotted. Currently, the market is headed lower. The current readings of the TFVCrss study show the sell volume line (red) is running over the buy volume line (green) since the peak in the market.
The T-note TradeFlow Chart has the two studies set to five-bar running sums, and the ChartTrader attached. I have the CQG Order Ticker below the chart.
At the time this image was captured, the market is moving lower. The sell volume line (red) is flashing readings over the buy volume line (green) of the TFVCrss study.
The TradeFlow short-term view can quickly change.