Qs
Today the Qs moved lower on high volume, but then around 12:30pm, shot
off like a rocket to prices above the open. That’s crazy. I know that
price gaps are likely to be filled, but this move was an intense up
shoot and it happened on stronger volume than usual for that time of
day. It was really wild to see.
I just looked at the advance decline ratio over the last year. It’s
easy to see that the ratio is much lower now than it was in May. Does
this mean that the ratio will have a hard time going lower? Or can it
stay low like this for a long time?