Monday, August 5, 2013

Zombie Day -- Again!

We start out slides tonight with the volume chart.  IB volume multi-week lows and EOD volume multi week lows too.

Is this really the action one would expect after a recent breakout of multi-week balance?  Sure, it could be consolation for another push up, but YIKES!

My take is that this is one freaking tired auction and a red bar is coming.  And it could very well be huge.







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