Timing the Trade the Wyckoff Way Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Timing the Trade the Wyckoff Way

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: coferspeculator who wrote (178)	7/20/2004 5:23:32 PM
From: coferspeculator	Read Replies (1) of 14340

Today the market traded higher with an increased spread on sustained volume closing near it's highs in a neutral position. Todays advance found investors following the speculative pressure to the upside, which is the first positive move in several weeks from this important group. While today's move is positive for the bullish case the absence of significantly higher volume during todays move was a missing factor. Additional upside progress tomorrow on higher volume with closes in the upper third of a good spread is needed for the bulls. A rally on lower volume and decreased spread in the coming days is what the bears are looking for. At this time the latter is the most likely scenario in the near term.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next