October has kicked off with a bang.
heavy-volume selling has hit just about all the major indexed and sectors, with the exception of the S&P 500…
We thought we’d see this in September, but have been seeing the warning signs via heavy selling for some time.
Volume nearly always precludes price-action.
What we’re looking for now is pullbacks to the 50-day averages.
For the S&P, that’s the 1020 zone…