http://us1.institutionalriskanalytics.com/pub/IRAMain.asp
Market angry this PM, hmmmmm and positive reading on the ISM index......may have further to go, but I'll report later tonight on whether the sellers really showed up in force, this rally we cannot say that except the one day 90% downer wonder.
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ON THE LEG DOWN FROM 11AM TO 12:30 THE SELL VOLUME WAS ALMOST FOUR TIMES IT AVG 45 DAY VOLUME FOR THAT TIME PERIOD. THAT IS USUALLY INSTITUTIONAL VOLUME. I THINK THE 975 IS THE NEXT SUPPORT. THE MID AUGUST LOWS, THEN THE 960'S THEN THE 930'S.
thanks for volume update, let's see if we got a new trend.
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