Hi, I was wondering if anyone knew of a resource that allows me to find out what how many buyers and sellers there are on price in real time? For example, if 19.50 is a zone which usually draws a lot of sellers, I want to see that in real time on a DOM or something so I know that 19.50 woujld NOT be an advantageous point to go long.. Get it?
Could try www.marketdelta.com separates volume on the ask and volume on the bid for a given price level. Fantastic idea in theory, in practice though it's often skewed as you never truly know whether volume on the ask is buying or selling, and vice versa. Still, worth a try as they have a 30 day free trial. I should mention that my experience with this software is limited to market indicies (S&P500), so how it behaves with individual stocks is an unknown quantity to me.