No Late Day Heroics Are Likely

The green/red line is the NYSE advancing volume. The purple line is the NYSE declining volume. I got excited yesterday because as you can see the bulls pulled some late day heroics to rally off lows. Today the bulls haven't put up much of a fight so it doesn't look like we'll end positive today. Still, it is an options expiration day and we've dipped so far so it makes sense for the MMs to ramp it back up near end of day.