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I think volume topped Friday


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#1 CLK

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Posted 17 October 2009 - 07:58 AM

So either we get one more small down on lighter volume setting up a bottom or we go up. Tick and Trinq are signaling higher but can't rule out a doji down. What I can't see is a big down day on Monday, that would be an anomaly according to my indicators.

#2 beahero

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Posted 17 October 2009 - 09:01 AM

So either we get one more small down on lighter volume
setting up a bottom or we go up. Tick and Trinq are
signaling higher but can't rule out a doji down.
What I can't see is a big down day on Monday, that would
be an anomaly according to my indicators.


I heard it said yesterday that in this upcoming five-week Nov option expiration cycle, the most liquid day of the week is Monday. Implying that this week, it's the day most likely to have a large range and active participation.