Since the big volume push on 7/12 that took the market to all time highs, overall volume has receded, but (as seen by an unprecedented 4 straight days at 4.8 on TVO) both bears and bulls are at a stalemate, holding things steady and consolidating at the highs. As we mentioned before, the Fed could tip the scale this week (although the Donald didn’t weigh in too much… are we gearing up for the Hilla-rally?) giving the market the much needed shakeout that everyone wants… until it actually happens. In any case, markets operate in future time, so while the outcome of events is uncertain, often Wall Street has already made up it’s mind. -MDLogin. Not a Member? Join us.