Yesterday we have a big up day for the market almost 3% and there was surprisingly a weak amount of upside volume for that big of a move. So today we have a decent size down day and the volume to the downside was much stronger then compared to the volume to the upside yesterday.
TICK confirmed this strength as well, registering a few -1000 ticks today
But again before the bears take any of control of this market they will to break through some support for more then a day. The 20EMA on SPX still is holding support
SPX 60MIN-started to break down but again coming to support where the market bounced hard on Tuesday
