In-depth technical analysis on various financial markets with emphasis on short-term trading and the art of charting.
Tuesday, March 9, 2010
NEGATIVE VOLUME DIVERGENCE
When price rises, but volume falls, it is called a negative volume divergence and non-confirmation price action. This is bearish. In addition, we should see large bursts of volume accompany periods of declining volume (these are your optimal trading days). Traders should be cautious from this point on.
No comments:
Post a Comment