The pullback continues… but today’s volume suggested a correction may be heavier than anticipated.
If we get a couple more down days where volume exceeds the previous day’s we’ll change our bias to Seller’s Edge.
It’s a day-by-day ongoing analysis here. We never know what the market will throw at us next.
The idea is to know when it’s safe to swim or not. Or in our case, know when it’s right to be long, short or flat.