Wednesday, July 8, 2009

Volume update

Volume still has room to go before hitting some short term targets.

If we can see "deeper" Indicator readings in the various Indicators than we should expect a more protracted correction. As you can see in the top o the chart the up/tl Vol Indicator likes "doubles" or "tipltets"....

A bounce from here might indicate more sideways rather than downside action going fwd.


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