The indexes are traded are still on the high volume. I would say that so far the situation is uncertain, and we have more opportunities in the market moves in both directions.If yesterday up move is a start of a new up trend, then it would be logical, positive movement today if yesterday up move would a short-term bounce up (result of dollar inflation panic) then it is logical today to slip below.
High volume at the current level high price could mean that we many merchants that have in the market (the same result of dollar inflation could be panic), to rush, but we have sold who equally large number of traders shortly and who is dumping stocks (result might analysis that shows overbought markets) .we do not know which group of dealers will win and what mood will be dominant.We can just wait when volume activity starts to fall and see where the market goes.
P.S. on the present moment the I to 5 min and 15 min S & P-500 diagram bin.So far money flow on 5 min chart is negative and to 15 min chart money flow after negative moves
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