SPY Volume Decline
As I mentioned in my previous posts regarding SPY, I assume the market will continue with the downtrend.
What I noticed now is that the Volume is drying out as the market is rallying. That may be taken as an early indication that bears might dominate the market soon or atleast we can see consolidation for a while.
Let me know what you guys think
Thanks for reading. Happy trading
What I noticed now is that the Volume is drying out as the market is rallying. That may be taken as an early indication that bears might dominate the market soon or atleast we can see consolidation for a while.
Let me know what you guys think
Thanks for reading. Happy trading
Note
Volume picking up since the market has turned down. I assume it will go down
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.