How is per-hour volume looking compared to yesterday? Seeing any sort of uptick that would support the idea that index funds are starting to buy?
It's a little higher, but nothing crazy. The few times that there was clear buying, volume was somewhat high, but in between there were many prolonged periods just as quiet as most of yesterday.
We're still not at 25M shares for the day. I'd guess that at this pace we might end up at volume of 60M or 65M.