Bad Data Or A Huge Volume Divergence?

The Stock Indices have basically been in an area of rotation for over a year. While intermediate and short-term support levels are being tested, there was a huge spike in volume in the NYSE today and the breakdown of that volume was mostly selling volume with very little movement in price. Either the data that came through is corrupted or this divergence between selling volume and price will be reconciled very soon. Stay tuned!

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