Down Hard With Volume

They not only targeted the range lows but knocked them out with confidence. Compare today's breach of the lows with the laggard slow up day breach of the highs two days ago...

I have really liked our IB volume analysis this week.  Today's IB volume breakout was so big that only two other days this year compared: 1-19 and 3-15.

Compare this to our Tuesday post http://scott-trader.blogspot.com/2013/06/low-volume-grind.html where the last time IB volume readings were so low was April 1st.

Who's in control?  Buyers or sellers?