Wednesday, March 10, 2010

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.











Sunday, March 7, 2010

REGIONAL BANKS

If you want long setups, then regional banks are a great way to go. I encourage you to explore other setups within the industry.