Are Low-Volume Rallies here to stay ?

[Reaver]

Also,even though I am unable to look for myself right now I will say this...if the market is not in a bracketing condition..then there technically is no value, as that is what a market is doing while trending or moving out of balance is "searching" for value in order to faclilitate trade.....

[OAC]

	Quote:	Reaver
	I can't get a volume profile up from where I am...when I get home tonight, I'll pull up the symbosl on my charts and take a look. Thanks for the info. I am interested to see this myself.

Where are you ? Are you busy attending TinGull's Swinging Trading Bootcamp ?

[Reaver]

LOL, nope I am at work. I use Ensign charting and can only pull up my charts from my home PC....

Though he does have some good posts going on over there now that you mention it...think I'll head on over. ha ha

[Reaver]

Hmm I looked at a daily chart and in September there were two distributions ....the drop on Thursday just so happened to be testing the top of the previous, most recent distribution in September...FWIW.

[TinGull]

	Quote:	OAC
	Where are you ? Are you busy attending TinGull's Swinging Trading Bootcamp ?

HAHAHAHAHAHA!!!!!!! I love it!

[Reaver]

heh heh cracked me up when I read it yesterday myself. lol

[OAC]

	Quote:	OAC
	The volume on daily rallies from the Aug 16 low has benn rather poor except a couple days inspired by the Fed. Now we are approaching 90% retracement back to the summer high. Does the low-volume phenomena means we will have serious trouble breaking the old high

Now we may not have to worry about the Low-Volume part because we now simply may get fewer rallies.
Swing Traders, did you put in your stops ?