[pcabc]

Small players are buying the dip in the Effective Volume data from the key US market ETFs. However, the large institutional players are not, and so without the large players money, any rally from the this weeks low is likely to fail imo.

Charts from http://www.effectivevolume.com/content.p...etf-review

Interesting.



What I noticed last week, just before the sell off, was a lot of stocks with massive spikes up.  Then the pullback.  Some of the things I sold barely registered in the pullback yet MSFT and AMD did bigtime.  Which was a shame as 50% of my ISA was in those two.

Then we have this graph.  Massive gap up to shy of the recent high, on large volume.  This just seems odd, the whole thing with the slew of breakouts before the sell off just is not something I've not seen before.  But perhaps I've not been around long enough.