Volume Divergence 3/31/2010

 Misc Commentary/Analysis  Comments Off on Volume Divergence 3/31/2010
Apr 012010
 

Big volume divergence showed up in yesterday’s volatile trading. We have been reporting for days now that institutional volume in particular has been flowing to the short side. The following chart shows the “big picture” of diectional sentiment and conviction. As we rally, less and less volume is interested in buying. As we sell, more and more traders are coming to the party…

 Posted by at 8:16 am