volume vs rebound : QQQQ
Started by
andiron
, Nov 11 2009 01:22 PM
2 replies to this topic
#1
andiron
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Posted 11 November 2009 - 01:22 PM
Past rebounds since july have been on increasing vol (even if total vol relatively is not that robust)...conrast that to the present rebound on DECREASING volume
#2
Islander
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Posted 11 November 2009 - 01:28 PM
Good, but the falling volume is not new.
I think a correction is coming, but I am positioned for it to come after 1200 on SP5.
#3
porsche911sg
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Posted 11 November 2009 - 08:08 PM
Andrion, Could get the charts of the periodic trends for QQQQ in the months from JULY TO NOV? the decrease in volume could be seasonal, so we can rule out seasonal factors that could affect our analysis.Past rebounds since july have been on increasing vol (even if total vol relatively is not that robust)...conrast that to the present rebound on DECREASING volume
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
