Yesterday's P/V Realtionship

Very mixed. There were some that showed dominance, like close down volume up-an indication of oversold in NASDAQ 100 and Russell 2k, but it's more mixed in the S&P and the DOW shows a dominance that could indicate that there's no oversold tensions. So This isn't the strong signal that I look for, it will be interesting to see if some of the averages diverge from each other, we saw some of that yesterday. Hopefully correlations will fall apart a bit, that would also be a sign we are getting closer to a real downside reversal.

We'll see what today offers. Thus far the overnight session hasn't moved the market too much.