After looking at the price/volume readings for the market today, I've come to the conclusion that the market was just treading water today. The price/volume relationship helps to tell the story and overall, more stocks closed down with volume down than any other configuration. The least dominant was Close Up and Volume Up, which is also the most bullish. Today's relationships tells us nothing interesting, the market is just passing time it seems, which makes sense.
Tuesday, April 29, 2008
Afternoon Sputter...
Posted by Brandt at 2:43 PM
Labels: price relationship, stocks, time segmented volume
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