Great report, your ratios are superb and definitely worthy to follow closely.
Despite not agreeing with your conclusions as I believe these dips should be bought not sold. One should have sold in early June.
I believe we are in accumulation mode as we speak, due to volumes not being there and technical factors across the top 200.
I do think we have another 5-8% to go to the downside which should provide opportunities. Too many large stocks have already gone into oversold mode. i.e daily RSI 14 sub 30 & weekly slow stochastics are oversold. What this tells me - we are in accumulation zone and a good shake of weak holders.
It is a short term top, but I think we will see dip buying coming into the market this week and boost the volume average.
My opinion only.
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