29.28:1 Down / Up Volume Ratio. Two Major Distribution Days in 2009. Wait for a cluster of them before going in for the bounce.
The lows around 4600 are going to be tested. Wait for the final rinse before going ‘bottom fishing’.
Wednesday, January 21, 2009
Major Distribution Days, Wait for the Cluster
Posted by Ben Bittrolff at 9:30 AM
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