And the answer is...yes...volume matters....will post charts over weekend.
....Obviously volume matters; when stocks get tickled up by overnight low volume algorithms in the futures market; it is essential to track volume. I'll do a post on futures later; for now; let's have a quick look at the update with volume before we delve into the week ahead. No volume for 6 days as we rise; suckers; AKA muppets; buy rising prices while large institutions sell to them; then they begin the dump for best price execution. They are professionals for a reason. I'll be posting my thoughts for the week ahead. Feel free to comment below.
Let's find out over the next session or two in the SPY...
As well as the Q's; volume increasing as we go down and decreasing as we go up. Controlled selling? Panic buying? You can trade these swings; but from a longer term view; you gotta scratch your head and wonder; does volume matter?
and EWJ...
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