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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Big Sky who wrote (7543)1/4/1998 8:54:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12039
 
yes, high volume in the 2.5X and above of the 180 day volume average is saying too much to soon. low < than .33X of the 180 day average says no more sellers. the market trades are based on extremes. The range of price is the same way, when it contacts, you usually see movement.

My answer to another post is patterns are in the eye of the beholder. Don't try to trade off them or divergence.