Posted by hurricanemalta on 20th of Jun 2011 at 04:10 pm
But look at the daily volume.I appreciate the candle is bullish
but look at the volume bar!..and as for SPX barely 2 billion
shares.Sure markets can rise on no volume but it doesn't feel like
broad participation to me.Should' LIFT OFF' look like this?
Posted by lessarda on 20th of Jun 2011 at 04:30 pm
on the big S&P & Nasdaq over the past 8 trading sessions
(almost 10x on the big S&P), so it could be that positions have
been taken recently that will move prices at the margins with less
volume. Just a hunch.
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IWM
Nice spike in IWM into the close...
Posted by hurricanemalta on 20th of Jun 2011 at 04:10 pm
But look at the daily volume.I appreciate the candle is bullish but look at the volume bar!..and as for SPX barely 2 billion shares.Sure markets can rise on no volume but it doesn't feel like broad participation to me.Should' LIFT OFF' look like this?
Maybe everyone will show up tomorrow.
What do I know!
Volume's been underwhelming since 2009, no?
Posted by lessarda on 20th of Jun 2011 at 04:13 pm
true L, but look at nearby candle volume.This is really pathetic,no?
Posted by hurricanemalta on 20th of Jun 2011 at 04:22 pm
Yes, but there has been a big increase in average futures volume...
Posted by lessarda on 20th of Jun 2011 at 04:30 pm
on the big S&P & Nasdaq over the past 8 trading sessions (almost 10x on the big S&P), so it could be that positions have been taken recently that will move prices at the margins with less volume. Just a hunch.