The chart for Institutional Buying and Selling activity for last Friday's close is now posted. When you look at it, it looks like a good thing, except Institutional Accumulation declined with a down tick on Buying and Selling activity. So, the good news is that Institutions are still in Accumulation but less of it.

(Note the vacillation going on with the up and down Accumulation and Distribution movement.)

To help the market, Institutional Investors shifted to a trend of less selling on Friday, so that helps the market while the market is facing increased pressure.

Note that the NYA is at its Mid-Bollinger Band, so this should be a test day today.