Jump to content



Photo

Nasdaq Comp Definitive Volume Support


  • Please log in to reply
1 reply to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 09 May 2008 - 08:53 AM

2419, is the high of the last day of extreme volume (2/1) and the "old high"... I expect the on the first pass we'll bounce off it and then we'll see.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 09 May 2008 - 09:57 AM

Last 3 min high on Nasdaq comes on quality of volume... expect a retest.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics