The point of following such data is to get an idea about how much of the volume has been from retail selling and how much is MM's making the market (short sales). The higher the percentage, the more we have MM's making the market and vise-versa. Monday and tuesday we had MM's making the market and yesterday there was retail selling. The point I get from this is retail selling is getting weak and, in my opinion, this is looking like powder keg with a lit fuse!
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