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Strategies & Market Trends : Technical Analysis With Charts

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To: Dr. Stoxx who wrote (4480)3/19/2007 11:06:39 AM
From: MACD X  Read Replies (2) of 6865
 
Dr.Stoxx you are correct.

Rarely is the time when on balance volume rises when the price is falling,

I have just started becoming a friend of on balanced volume and many of my charts now contain it as an indicator.

Being that I havent used it for that long as a key indicator my eyes are not yet accustom to its movements.

But from what I have seen trend reversal almost always accompany an on balance volume reversal.

This leads my to the next question. Why hasnt price reversed yet?

I havent studed what makes up this indicator recently, but is there circumstances that may cause the divergence to happen or do you think price has just been lazy and will soon reverse simular to an RSI or MACD divergence?
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