Implications appear bearish. The bearish influence is primarily seen in the first 2 days. Of course we are looking at a sizable gap up this morning so it will be interesting to see how it plays out.
Monday, June 14, 2010
Low Volume Rise To Short Term High In SPY
Below is one volume-related study that appeared in last night's Subscriber Letter.
Implications appear bearish. The bearish influence is primarily seen in the first 2 days. Of course we are looking at a sizable gap up this morning so it will be interesting to see how it plays out.
Implications appear bearish. The bearish influence is primarily seen in the first 2 days. Of course we are looking at a sizable gap up this morning so it will be interesting to see how it plays out.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment