Sunday, 21 July 2013

Volume Spread Analysis

Bullish volume is increasing but not ultra high volume on up bars and decreasing volume on down bars in an uptrend.

Bearish volume is increasing but not ultra high volume on down bars and decreasing volume on up bars in a downtrend.

When WEAKNESS (shorting opportunities) appears on a chart, it will appear on an up bar, that is a price bar that has closed higher than the bar behind it, and will be on unusually high volume or unusually low volume

When STRENGTH (opportunities to go long) appears on a chart, it will appear on a down bar, that is a price bar that closed lower than the bar behind it, and will be on unusually high volume or unusually low volume.

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