barnabygraham

barnabygraham

The volume has made a notable shift recently, though it doesn't suggest much more beyond heading toward the lower end of the range it's been in for the last 4+ months.

barnabygraham

Shorter term swing, short could target the low of the recent range if oil is weak too

barnabygraham

Aggregate Volume Drift can sometimes really expose when low volume (outside RTH) is exploited. This is one of the most obvious examples; notice how little bull volume was actually behind the move from 46>50. These moves can take months or more, so be patient, but this looks toppy to me!!

barnabygraham

Unusually high volume, gaps ups for selling, taper tantrum and pushed valuations?

barnabygraham

I ignored AVD because of fundamentals (value) and so far I'm down on my BABA positions, but AVD is finally starting to show positive volume divergence in real time trading hours. Technicals win again.

barnabygraham

2000 period volume average (30m) was double what it is today just 10 months ago. This is one reason why AVD is negatively diverging so much. Not a good look for AAPL going forward the next 6-12 months. Decreasing volume into rising wedges increases the odds of them breaking bearish. Short term oversold + it's Apple and in these fundamental conditions, it's a...

barnabygraham

This RSI shows the RSI of the 5m, 15m, 60m, 240m and daily time frame in one indicator and includes an equal weighted average of all five (pink). The darkest colours represent the shortest timeframes and the lightest colours represent the longest. You can change which timeframes are used.