Nasdaq 100

We had another day of side-way trading when the Nasdaq 100 index was pushing up while the rest of the market was trying to dive down. The difference between yesterday's and today's trading is that today we had stronger bullish volume on the Nasdaq 100. It is already seventh positive trading session in a row on the Nasdaq 100. The other main indexes (DJI, S&P 500 and Russell 2000) are almost three weeks in side-way action. I would risk to say that today's volume on the Nasdaq 100 could trigger a decline.

So far the Money Flow
 - on 1-min chart is negative (bearish) on the Nasdaq 100, DJI and S&P 500
 - on 5-min chart is positive (bullish) on the Nasdaq 100 and S&P 500 and neutral on DJI
 - on 15-min chart is positive on the Nasdaq 100 and S&P 500 and neutral on DJI
 - on 30-min chart is negative on the Nasdaq 100, DJI and S&P 500
 - on 1-hour chart is negative (bearish) on the S&P 500 and DJI and neutral on the Nasdaq 100

From the money flow (volume) prospective I would say that there is a possibility to sea decline tomorrow at the market open (because of negative money flow on 1-min chart). If this happens then I would monitor money flow on 5-min and 15-min charts. If the money flow on these charts become negative (bearish) then I would expect stronger decline (on 30-min and 1-hour charts money flow is already negative).