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Strategies & Market Trends : Raptor's Den II

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To: Trumptown who wrote (1403)11/14/2003 11:44:25 AM
From: velociraptor_  Read Replies (2) of 3432
 
In the 5th wave of a bullish trend, major tops are indeed marked by increasing volume and a volume peak. Correctives identified by falling volume patterns. Vice versa in a bear market....bottoms identified by increased volume and volume blow off though corrective are still identified by falling volume.

Falling volume is a corrective attribute. If the trend is rising while volume is falling it is not bullish.
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