|
本帖最后由 X!nG 于 2009-11-14 17:54 编辑
From: Corey Rosenbloom, CMT
Afraid to Trade.com
With the current rally progressing on lower volume, I thought I would take a moment to look back at a few historical market tops - or prior to deeper pullbacks - to see how volume behaved just prior to the top.
Let’s see five historical peaks in the Dow Jones Index and pay special attention to the trend of volume prior to these peaks. Each chart was created with TradeStation and you can click to zoom-in on the chart.
In all cases, we saw some sort of “trailing off” or decline in the ‘trend’ of volume prior to the absolute market peak.
When the final price high came, it did so on lower absolute volume as well - no chart above shows the absolute high of the rally taking place on the highest daily or weekly volume as shown on the scale. |
评分
-
5
查看全部评分
-
|