Effective Volume $SPY $QQQ $IWM

Attached is the Effective Volume update from effectivevolume.com which separates the large player volume from the small player volume.

Note: While both small players and large players have been selling this week in the SPY etf, the large players in the QQQ have held up reasonably well compared to the small players which have been selling aggressively. So there is some divergence between the two showing.