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I wouldn't say the volume wasn't light. There have only been 3 heavier days since early May on the NYSE.You may be right about it being a shortable bounce but that remains to be seen.I think today was more of an oversold bounce than a new leg up. Volume was light. The internals have been horrible lately (up vs down volume, new highs vs new lows) etc... I think this will be a good shortable bounce
Exactly. Follow through on high volume will be the tell.We'll see if we any follow thru during the rest of the week