SPY break 109... thats this weeks uptrend bottom channel, could be ugly even if there are less players today.
Price action has been to upside, but on lower volume this week..
MONSTER VOLUME to downside this month, last time there was this much monthly was the MAR 09 lows...
VOLUME is not there, buy the dips sell into rallies, then reverse the moves, all month long MORE volume on selloffs in every name.