TraderFeed: Viewing and Reviewing for the Market Week Ahead
Above is a chart that tracks the balance between buying and selling activity across NYSE shares, derived from uptick/downtick data. You can see that downticks dominated during the peaking process in September and bottomed ahead of price in October, before a significant burst of buying off the October lows. Net buying has diminished from that initial burst, but we are not yet seeing the kind of selling pressure that was present at the September highs.
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