December 9, 2018

Distribution Day

In every market top you'll see a series of days in which the indexes close lower on higher volume than the prior session. That's called a distribution day.The higher volume is a sign that institutional investors — the market's major force — are selling shares. It becomes an alarm when several distribution days pile up over four weeks or so.


Distribution days are a sign of market tops.

Source: Google search (source wasn't recorded at time of reading)

No comments:

Post a Comment