Does it really matter if our winners and losers happened on low or high volume ? Feels the same to me. A loss is a loss a winner is a winner. I feel volume analysis is used one too many times to try justify something we missed or called wrong. We have been going up since march on low volume and the son of a fun keeps going up. Either way it feels the same in our pockets.
Technical analysis is a windsock, not a crystal ball. It was simply an observation. You added your spin to it.
Master builder kind of sucked today, but no harm was done... Have a fancy weekend everyone.... FNH: 18s/2t/75% = 2 ft DLF: 4/3/6 = 20 ft
Closing at HOD on a Friday with serious MiddleEast tensions, oil, boycots, craziness. Hey rocky, watch me pull a rabbit out of my hat......that old trick again?
What time frame did you use for this 'signal'...I was under the impression you used 5 mins, but it did not get lower than -80... So the question is... what are all the time frames you use to trade....? NiN
just when you though the bears were in trouble, the market rallies nearly 30 points from the low! amazing. Cant blame some of the bulls for coming across a little cocky really! The market does seem to bail them out every time. This is an interesting thread.