Posted by DigiNomad on 12th of Apr 2024 at 11:47 am
Internals, specifically VOLD, don't suggest hidden strength.
The VOLD ramp we're seeing Tuesday and today is basically a
black swan event relative to the last 5 months or so. Most of the
time I look at my internals page on down days and VOLD is either
just slightly lower or actually higher. That said, I learned
what I know about this indicator from SMB Capital, and they say
that 3 is kind of the number where things are serious (positive or
negative 3)...we spent the whole day around -4 on
Tuesday.
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Internals, specifically VOLD, don't suggest
Posted by DigiNomad on 12th of Apr 2024 at 11:47 am
Internals, specifically VOLD, don't suggest hidden strength. The VOLD ramp we're seeing Tuesday and today is basically a black swan event relative to the last 5 months or so. Most of the time I look at my internals page on down days and VOLD is either just slightly lower or actually higher. That said, I learned what I know about this indicator from SMB Capital, and they say that 3 is kind of the number where things are serious (positive or negative 3)...we spent the whole day around -4 on Tuesday.