The Acc/Dist and Obv lines both turned higher for the QQQQ's over the last couple of days. It had appeared that there had been some distribution in place, but as the price dropped, it looks as though there is accumulation taking place. It will be intersting to watch price action to see whether we can make new highs.
The Acc/Dist and Obv for the DIA's (DJIA) is above. It appears that there is some accumulation in the DIA's, mainly at the end of the week. Will price follow next week, or will we begin a slow move into a selloff that takes us into the fall.
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