Three bearish short-term studies all looking at different indicators the last two nights. Upside may be a bit limited over the next week or so.
Thursday, August 7, 2008
Another Low Volume Example
I’ve showed before how light volume in a stongly rising market will often lead to a pullback. Wednesday’s market action set it up in a slightly different way. It does provide another nice example though.
Three bearish short-term studies all looking at different indicators the last two nights. Upside may be a bit limited over the next week or so.
Three bearish short-term studies all looking at different indicators the last two nights. Upside may be a bit limited over the next week or so.
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