7.4 C
New York
Monday, February 6, 2023

Subscribe

Intraday Volume Update: Volume Plunges: Market Up, Volume Surge: Market Down

Courtesy of Tyler Durden

At this rate the only metric to gauge the stock market will be how big the L2 order book is. Any time, any time, there is a pick up in volume, over the past 3 months, the market has dropped. Plain and simple. Consolidation to the downside will be very entertaining.

Chart translation:

  • volume drops, market surges
  • volume surges, market drops
  • volume now dropping, market going up.

And that completes Efficient Market Theory for 2010.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

159,283FansLike
406,825FollowersFollow
2,160SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x