Tuesday, May 11, 2010

Strong Rally On Weak Volume For Nasdaq

Striking about Monday’s rally was the very low volume in the Nasdaq. It not only fell below the high levels achieved during Thursday and Friday’s wild trading, but it actually posted the lowest volume in over a week. This brought about a compelling study from the May 19,2009 blog post. I’ve updated that study below:

2 comments:

secret said...

strong rises usually happen in a bear market context as a snap back rally... what happens if you put in a simple 200 day moving average filter to search for bull market cases ?

季洪雅 said...

Necessity is the mother of invention................................................................