You can not find a single article that says going higher at lower volume is a sign of strength..!
Similarities between the past 2 weeks and January 24 - Feb 9, 2022, are not deniable!
In both cases, we see a Sharp Downward move followed by a shape upward move at lower volume!
The FOMC effect will be soon punished..!
The final question:
Why trading volume and its 10 days average is at the lowest levels in 2022?
Could this be smart money buying in this market?
Best,
Dr. Moshkelgosha M.D
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