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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Gary E who wrote (14370)	2/1/1999 1:54:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

What I have noticed is that when you are in a trend a high volume bar usually indicates a turn is emminent. In this last case, I would not say we were in a trend....it was sideways. I am still very new at watching the volume, but it does seem to have some predictive value. If you note, when we hit 85, the volume spiked again. Now this time around I would suspect that volume is low at 85. If we go higher I would think we have a high volume bar to indicate a reversal. If we don't go higher, then 85 or real close to that number was the reversal. As I stated, still very new at watching volume so I would not put much weight in the above at this point.....