NYSE short sales easing

NYSE short sales and daily volume are trending lower, suggesting that selling pressure is fading.

NYSE Daily Volume & Short Sales

3 thoughts on “NYSE short sales easing

  1. Graham says:

    The future, however, is not looking bright at all, sorry.

    All the major medium-term trend indicators, including very reliable moving averages of convergence/divergence, trending DOWN now. the correction has much further to go down in the medium-term.

    I’m looking for 15, 000 on the Dow, before the bottom sets in.

  2. Sam Broom says:

    Futures looking bright for tomorrow as well. Could be a short term rally here, but mid to long term, things still looking reasonably dire in my opinion.

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