but would have to recover to above 16500 to erase the down bar on a month end basis, so a multi thousand point drop is unlikely this month and probably
not in January because price has to stay above 16500 long enough to generate the high up volume bar necessary to signal the potential top. Well,
if institutions were to dump a lot of volume stealthfully in a short time it might happen but it is unlikely they can do that without depressing price too
quickly. So, it might be different this time, but of the few other big tops, volume preceeded the turn. They can't hide the volume on 30 stocks like they can on 500.
Of the high volume bars that did not initiate a top, they did start a very long sideways market, but without the volume, no bear market has started on this chart.
Edited by CLK, 14 December 2014 - 10:18 AM.