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Old 12-03-2007, 09:39 PM
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Join Date: Jan 2007
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Re: Market Internals

I have found that the internals (adv/dec, up/dn volume) generally speaking lag the futures, not lead. However, up/dn volume can be useful. I have found that on the rare strong trend days (like last Wednesday) volume will trend in one direction with barely a hiccup even when/if price pulls back. But on most "normal" days I have found little added value when looking at market internals, almost finding them a potential deterrent to profitable trade setups.

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