It is the mid day lull. What I want to see now is this afternoon, when this either turns into a check and go, or if the bottom drops out. Vol is about the same the last 45 or so minutes. I could get the exact numbers, but I am just looking at the vol.bar on the 15 min chart.
As a further note, someone posted they got out at, I think, 7.35. Profit taking, will he get back in? Who knows, but I suggest if he sees enough weakness, he could go the other way. Of course that is just one example, but goes to my original point.