$SCHD just printed its second-largest volume weekly candle close ever. The only bigger one? April 2025, when everyone was losing their minds over 2008 fractal comparisons.
Volume spikes like this usually mean something—either panic capitulation or institutional repositioning. Given the timing and context, this looks like forced flows rather than conviction selling. Worth watching if this sets up a base or if we get another leg down from here.
Volume spikes like this usually mean something—either panic capitulation or institutional repositioning. Given the timing and context, this looks like forced flows rather than conviction selling. Worth watching if this sets up a base or if we get another leg down from here.