Today's up volume ratio and advancers versus decliners via the NYSE was rather anemic compared to the actual percentage gain in the major indices. Usually a DJIA day of +370 results in 3:1 or 4:1 or much higher ratios in both. Today's ending respective ratios were 2.03:1 and 1.91:1, quite muted. And the 2:1 ending of up volume only came about in a surge at the last minute. Most of the day it hovered between 1.1 to 1.8.
The advancing issues actually diverged from this morning. The high of the day occurred at around 11 A.M. at 2.13:1. Overall the underlying technical situation can be considered weak despite the 2% up market day. And there is an open gap up left from today's open to boot.