The Red Color Means The Market Was Down, Well Sort Of

Our take that the wishy-washy action yesterday was a shot across the bow potentially, came to pass with a little afternoon selling today.  Just an inside day, mind you, and no technical damage whatsoever, but we note the change in structure.

Yesterday had no program TICK on the way up and strong program TICK on the push down.  Today the same pattern printed.

So, even though the market is holding it's own price-wise, there are underlying clues that institutions are selling while the little guys are buying. (Maybe, because I really don't know.)

Still, we expect it to grind higher or balanced again tomorrow! That is until "Bombs Away" plays at a movie theater near you.