Yesterday, 7/10/2007, the market went down more than 1% on all the major indice, it comfirmed that the cross in candle-stick chart with higher volume signing a top in previous session.
Today, it bounced back about 1/3 of its loss with heavy volumes in 3 major indice in the morning.
At noon, the volume is lighting a little bit.
Early afternoon, all 3 major indice bounced up strong with lighter volumes, it covered 2/3 of its loss yesterday. Around 2:15 pm, a little sell off at size of 25% of the day high.
I think it is on the way to the down trend. I did spot the top on 7/9/07.
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