Bullau, you are quite right and what shows it best is today's
candle -very weak- that coupled by the DOW unable to close above
the 200EMA for a second day. Tomorrow's job reports will set the
tone for the rest of the session.
Gee, feel stupid......Thought about that after I posted but I
still have not seen such low volumes even if it were just in the
beginning of a month chart....disregard.
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Looking over some long-term charts
Posted by bullau on 2nd of Jun 2009 at 04:33 pm
Looking over some long-term charts after hours and really struck me how pitiful the volume has been over the upmove lately........extremely pitiful.
Matt/Steve or anyone, care to comment?
http://stockcharts.com/h-sc/ui?s=$COMPQ&p=M&yr=20&mn=0&dy=0&id=p50777598940&a=165798265&listNum=8
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&st=2007-01-01&id=p01700664966&a=164727381&listNum=8
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&st=2007-01-01&id=p01700664966&a=164727381&listNum=8
Bullau, you are quite right
Posted by hornsant on 2nd of Jun 2009 at 05:10 pm
Bullau, you are quite right and what shows it best is today's candle -very weak- that coupled by the DOW unable to close above the 200EMA for a second day. Tomorrow's job reports will set the tone for the rest of the session.
SPX 10 Minute
Posted by dodgerdog on 2nd of Jun 2009 at 05:51 pm
Thanks......forgot to post SPX monthly
Posted by bullau on 2nd of Jun 2009 at 05:19 pm
Thanks......forgot to post SPX monthly which also shows eye-opening lack of volume on latest up move.
http://stockcharts.com/h-sc/ui?s=$SPX&p=M&yr=20&mn=0&dy=0&id=p28088260042&a=165798268&listNum=8
We just started a new
Posted by dodgerdog on 2nd of Jun 2009 at 05:37 pm
We just started a new month of June - were you aware? Also last week was a 4 day week with the holiday.
Gee, feel stupid......Thought about that
Posted by bullau on 2nd of Jun 2009 at 06:19 pm
Gee, feel stupid......Thought about that after I posted but I still have not seen such low volumes even if it were just in the beginning of a month chart....disregard.