You can see it nearly everywhere you look. Divergence.
Divergence in strength, divergence in price and volume – you name it ……divergence is everywhere.
Perhaps even “you yourself” – have been “diverted” ( no kidding eh? -I bet you think things are on the “up and up”! )
A false sense of reality perhaps? A “looking away” if you will?
This is distribution. This is bearish “beyond” bearish but of course….no no….that can’t be! CNBC says it’s all gonna be fine!
I point this crap out for your own learning. You can alway look for “divergence” when price moves upward yet “volume” moves down.
It’s bearish as all get out
Volumeless markets just make it easier for hft to push them around
Like I said, none of those divergences matter. All that matters is whether the Fed can continue to prop up the market. I’m certainly not going to bet on the Fed, but neither would I bet against them. They do have a pretty big printing press and apparently it can turn the futures market on a dime just about any time they want.
Wouldn’t higher prices on lower volume indicate a lack of sellers?
What’s up, every time i used to check blog posts here early in the
break of day, as i love to find out more and more.