Wednesday, November 23, 2011

Interesting Burst of Volume

At first I thought, ok, here comes the closing rumor to lift the market in to the close, I don't see much support for it though in underlying action. Maybe the robots tried to get a momentum chasing rally started?

 SPY volume and price spikes a bit

 Even on the shortest term chart, there's no accumulation and in fact some distribution thus far.

No comments: