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Where Was The Volume Today?.

  • Written by Syndicated Publisher No Comments Comments
    August 10, 2011

    Pull up any intraday 5 minute chart and you’ll see the same as shown of the SPY below. Zero volume during a truly massive move higher.

    We are now in the much anticipated bounce. How much higher this goes is not quite clear but considering the chart below it doesn’t appear current prices are low enough to bring in real money. From that standpoint this bounce may be rather short lived.

    Where Was The Volume Today- Macro Story.