
Technical | Analysis page 452 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 18 Confirmation 423 If Day i’s average price is higher than the previous day’s average price, there is positive money flow (PMF). Conversely, if Day i’s average price is lower than the previous day’s average price, negative money flow (NMF) occurs. The analyst chooses a specific period to…