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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	11/27/2005 4:46:20 AM
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VOLUME SUGGESTING TOP IS IN stockcharts.com[g,a]dacayyay[df][pd70,1!d70,2][vc60][iub14!la12,26,9!lc20][J63597560,Y]&listNum=24 Bio tech not semis have lead the rally of recent times and volume is suggesting a top here. Notice how every time black volume bars decrease it leads to a market correction. And that every time red volume bars rises it causes a rally. We are now at one of them points where volume has fallen off sharply and not just because of fridays short trading day but it has been falling. Something else that I have noticed is that there are many lines that lead to friday, this is odd.

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