Institutional Buying and Selling Trending from www.stocktiming.com. If you watch the chart closely, you’ll find it’s actually the Distribution Line (red) matters. Now the distribution is very close to an extreme low recorded in Aug (thick black line, we’re at the thin black line now), look at the red cycle, that was what happened when distribution was that low. So accordingly, I think the last Thursday’s low will be visited at least.
