DJIA shouldn't be going very much higher here...
Started by
SemiBizz
, Aug 05 2007 08:18 PM
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#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 05 August 2007 - 08:18 PM
And what it is, is this big old volume spike here(8/1)... the all-time volume low of 13041.77. This is a consolidation point, we should expect some support, although this volume overall lately is ballistic, and it's like a hurricane, it's going to be volatile and there's damage available for anyone who gets in the way of it... this has got to be tested before any sustainable rally can take place.
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
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
