The Top 30 Volume was mostly beaten down stocks today where most stocks can't even move because of the panic sell down in the Dow Jones last evening. Everything seemed to be collapsing from medical stocks to penny stocks where the final blow was the blue chips. The most prominent blue chip DBS was flashing in the Top 30 Volume today with declining prices (-1.3%) where the sellers were dominating over the buyers. Although near the demand zone, still the gap down did not attracted any buyers at the moment. Is the market due for a heavy correction or is it a bullish trend in the making? By studying the charts combined with the Top activities, one can get a clue on where the market is moving.
