Hi opnion, the following is from today's IBD. They viewed Aug 6 as a follow-through day.
"Today's Market Pulse notes the market's rally as under pressure.
Distribution days coming so soon after a follow-through usually foreshadow rally failures.
IBD studies show that the market has flashed distribution days within the first three sessions of a follow-through 14 times since 1982. On 13 of those 14 occasions, the rally has gone on to fail."
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