7 distribution days on the S&P 500, 2 on the Nasdaq.
Still an uptrend, but institutions are selling: be pickier, take profits sooner and keep new positions smaller.
Shading: confirmed uptrend, under pressure, correction. Red dots are distribution days on the S&P 500 or the Nasdaq (bigger when both), the green triangle a follow-through day.
Wed, Apr 8: the S&P 500 rose +2.51% on higher volume.