Friday, September 18, 2015

Heavy Ground and Pound Has Resumed

I've always said these bulls enjoy taking a good ground and pound...

This trend line is somewhat important...



Volume was light during the entire four week short-covering rally and now is heavy once again to the downside. Classic bear market action...

Distribution visualized...
The heaviest selling in 2008 occurred just BEFORE Lehman, because someone always knows something...
Up volume / total volume:




Down volume / total volume:


On a shorter-term timeframe, there is rising concern, but no panic:




"QE4 (5,6,7) is coming, so buy now. Ignore the heavy selling by major institutions"