The Afternoon Breakdown

We noted earlier today that the institutions were selling at this new high of the day. What happened next? Because of footprint charting, we were able to see how the big guys were playing the market, and that they were doing so to the downside. Since our blog post about an hour ago, the market has dropped 10 points at least, and is continuing. This is the value of footprint charting.

More Institutional Selling at the High

Flip Flop Footprint