Short Term Trading New Year: 27 Dec - 1 Jan, page-26

Let me try that again...

Side note: The last time we had nearly that kind of buying pressure Uvol/Dvol near the close was 31 December 2012. The last time we had anywhere near today's breadth ratio was on 8 July 2016. Today's Uvol-Dvol, on the other hand, was the highest since March of this year and follows this past Friday's absolutely abysmal negative reading which was the lowest since 5 Feb and on par, but even lower than the reading from 24 June 2016. That kind of pressure is worth watching for short term traders. ES futures are now in consolidation. How long it will take to breathe out is on everyone's mind, but anyone who was skittish about shorting the area of high volume from last year will still be justifiably nervous.