All Entries Tagged With: "rally"
Volume Mirage: Biggest Rally Powered By Least Volume
A great post on the Trader’s Narrative blog regarding the volume behind bear market rallies. So far the current rally has been the biggest on the least amount of volume. Very interesting! For a while now, we’ve been concerned that volume hasn’t been powering the market higher. In fact, if you think of volume as [...]
Market Update – June 1st, 2009
The market continues to crush the bears after impressively moving off the March lows. I have been one of those bears taking a beating by waiting for a short signal but then getting stopped out again and again. My opinion is this is still just a rally within a bear market. It’s not uncommon to [...]
Market Overview – April 3rd, 2008
Not much has changed since Tuesday. The market pulled back slightly and closed today near Tuesday’s high. Things still look ripe for a breakout before this countertrend rally comes to an end. Notice how we’ve traded up to these price level three times now. If we can break above these levels we should see some [...]






