Remember that fund managers (and other institutional trading firms) need to run the market up in the day or two before sell-off days to pass their positions off to weaker hands (false breakouts). To hold higher pricing when they are selling, they need the "appearance" of strength to grab inventory and not have dramatic slippage of pricing.
These rotations to weaker hands can take two to three days after big moves like we have had.............watch your volumes and watch flat or rising markets with negative Advance/Decline ratio's.
These rotations to weaker hands can take two to three days after big moves like we have had.............watch your volumes and watch flat or rising markets with negative Advance/Decline ratio's.
