What Tells A Top

Another dumper...

Another dumper...

We’re still believers this pullback will continue.

It’s important to watch volume. If it dries up, like it did in the last pullback, it’s a sign that sellers aren’t that serious and may lose their steam.

But if sell-volume increase it would indicate they’re serious. A few distribution days, where volume on a down day exceeds the previous day, might even be telling of a top…

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