LVPB - this is NOTwhat I would characterize as a bullish light volume pullback.  Volume levels are at previous climax levels now...and it would seem that we are too early in the trend for it to be done and at a climax phase (although most of us are expecting a bounce in the short term).  CTA's have been dumping big time. That particular chart was a GREAT signal and gave about a day's warning relative to the top.  But I think the whole topping process was just the big guys working their way out little by little so as to  not completely spook the market before they were ready, and then they let it go once they were positioned correctly.  All the major insiders were selling big time for the last couple of months.