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: I highlighted a few days ago that there was some divergence happening between the Nasdaq 100 ETF large and small player volume. And this got much clearer as the week ended with QQQ large player volume hitting new highs, while the small players stayed down. So a positive breadth data point to add towards the weight of evidence.

Disclaimer: For educational purpose only. Not investment advice. Seek professional advice from a financial advisor before making any investing decisions.