I am still very new to this but something that jumps out at me is the amount of volume at the price levels before Trumps election. Makes sense that there would be more volume at the first half of a bull run but it just seems that there is a huge amount at the lower price levels and then a drop off once Trump is elected. This tells me that the "Big Boys" have...
I am still very new to this but I believe the next major drop and it's support level will be around the same level as back in March 17th. I am basing this on determining the % drop from now to what I believe will be the lows for each individual stock in the Dow. I am using the weekly chart and the 200 MA from Dow's high back at the beginning of March as the...
Seems they are waiting for the Jobless Claims to come out. Not sure why, it is most likely a devastating number.
Seems they are waiting for the Jobless Claims to come out. Not sure why, it is most likely a devastating number.
Similar to the SPY chart. Trading volume for the first half of the bull run was twice what it was for the second half. Prices are falling the levels where there are significant volume levels. This level might be where investors hold the price. Just a thought.
Above is just an observation on where the S&P may drop based on volume at certain price levels.