One of the critical things to look for as a trader is DISTRIBUTION from the funds. We look at this on the indexes. Any index showing signs of distribution is a clue that potential turn is coming. One day a trend does not make, but if we see a series of lows and higher volume
on those lows it is critical to get to the sidelines...or tighten stops. I look for 4 plus days in a month of trading to give a warning. Or a cluster of high distribution in a short time. This tells me the institutions are taking profit or exiting..I want to be the little wave runner in the wake of the huge Ocean Liner by following their flow of money.