Institutional Selling trend lines showed that it has been trending lower. (Note that less selling is a positive and more selling is a negative.) The top part of the chart showed a small up tick in Upper-Q4 negative territory.
Sounds like good news except that Institutional Buying and Selling activity just showed the first day of Institutional Distribution on Friday’s close.
This needs be a test day because Institutional Selling had an up tick but it did not make a higher/high tick yet, so Institutional Selling is still technically in a down trend.