Institutional Investors were in a reduction selling trend (down trend) but with an up tick yesterday that produced nearly merged trend lines. That opens up the possibility of the market being under test today.
Conditions were actually mixed with a positive bias.
If you look at the chart below, Institutional Investors were in a reduction selling trend (down trend) but with an up tick yesterday that produced nearly merged trend lines. That opens up the possibility of the market being under test today.
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