Market still in correction

accumulation distribution (money flowing in and out of the market) gets a grade of C to D. Which means that there is a net flow of money out of the market. (A, A+ is the best time to keep the money in the market).

Delta Market Sentiment Indicator is below 50.

So, the bottom line is this : Stay in the sidelines, till the big money (Mutual funds, Institutional investors) get back in.

Happy waiting!

PS: Source of the above article is Delta Investment Management newsletter and Investors Business daily.