NASDAQ Composite Has Highest Volume Distribution Day In 4+ Years

I scrolled back as far as IXIC would supply me the data and I was unable to find a day that had this much volume at all.

I realize that this is just one single data point in a sea of data points, but this is a very strong one. This is not trading advice, but it is a word of caution for myself for the near term. The correction we are currently experiencing has good odds of taking out the previous low soon.

I will not be taking on any more risk in the near term, and if we get a a bounce tomorrow morning I may use it to go into all cash until conditions improve.