[pcabc]

The effective volume charts of some of the major US ETFs, which shows the large player (institutional) and small player (retail) separated volumes, and the combined charts from  http://www.effectivevolume.com/content.p...etf-review

Some interesting data in the effective volume during the pullback. Except for the small caps, the large player volume is actually at the highs while small player volume has declined with the market.

So small players are getting out, but the large players are not only hanging in there but increasing?  SO does this mean that any dip is liekly to be temporary unless the large players start to sell off?