look at the last 15-20 minutes on IWM and SPY. That is huge selling on accelerating volume. Who would buy this bloated market? looks like we are setting up for another stalling day or signs of distribution by the Institutions.
The problem is, most trading is electronic. They put it where they want to, and no amount of T/A will tell u the same thing accurately. One of my rules is this, "Always remember, there are peeps in control of the market that are better than you, and their job is to make you feel wrong."