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4.06 Volume Doesn't look like it is confirming the upmove.


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#1 Dex

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Posted 06 April 2020 - 02:14 PM

At 3:11pm it does not look like volume is confirming the up move S&P 2.7 vs 5.3 avg

 

https://finance.yaho...om/quote/^GSPC/

 

 

Nasdaq 2.4 vs 3.3 avg

https://finance.yaho...om/quote/^IXIC/

 


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#2 gannman

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Posted 06 April 2020 - 02:21 PM

to me i think this pullback was a wave iv and we are heading to new highs

 

its just my best guess 


feeling mellow with the yellow metal


#3 linrom1

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Posted 06 April 2020 - 02:32 PM

At 3:11pm it does not look like volume is confirming the up move S&P 2.7 vs 5.3 avg

 

https://finance.yaho...om/quote/^GSPC/

 

 

Nasdaq 2.4 vs 3.3 avg

https://finance.yaho...om/quote/^IXIC/

 

Very good point, didn't notice it.
 



#4 Dex

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Posted 06 April 2020 - 02:34 PM

 

At 3:11pm it does not look like volume is confirming the up move S&P 2.7 vs 5.3 avg

 

https://finance.yaho...om/quote/^GSPC/

 

 

Nasdaq 2.4 vs 3.3 avg

https://finance.yaho...om/quote/^IXIC/

 

Very good point, didn't notice it.
 

 

Closing at the high is a positive.  


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#5 K Wave

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Posted 06 April 2020 - 02:55 PM

Awesome day.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy