Blog post: Dead cat bounce? $QQQ, $DIA and $SPY had large volume declines last hour and last 5 minutes on Tuesday


This is a 5 minute chart of the QQQ, DIA and SPY on Tuesday. Look at the last 5 minutes of the day on each. The three major indexes all had similar patterns. That’s not your Aunt Betty selling. But the GMI is 4, and could turn Green with an up day on Wednesday.


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