Just what we want to see
This is a script for the Bulls. Buyer dominated volume above the 50-day moving averages for the major indexes is just what we want to see. As seller volume dries up on down days, like Read More …
This is a script for the Bulls. Buyer dominated volume above the 50-day moving averages for the major indexes is just what we want to see. As seller volume dries up on down days, like Read More …
Massive upside on heavy volume. New charge for higher ground or sucker’s rally? The answer will become clearer with a pullback. Pullback’s on lighter volume suggest seller’s losing their might, which is what we’ve seen Read More …
Another good day for the Bulls. We continue to like what we see. Strong buy-volume above the 50-day moving average is what we want to keep seeing here. If it keeps up this way, we Read More …
Tuesday’s volume may be a little too close to Monday’s to call a clear Accumulation day. But it’s strong volume nonetheless, which is consistent with the buyer dominant environment we’ve been in for the past Read More …
Seller dominance left its Distribution mark on the volume count Monday. We’re not going to look too much into it as it was lighter than the accumulation days made over the past few weeks. But Read More …
The major indexes push further above their 50-day moving averages… Smack dab into the technical resistance, which is marked at about 850 on the S&P 500 as well a downward trend line. So far, buy Read More …
The broader market is looking strong as heavy buy-volume supports the major indexes above their 50-day averages. But we take caution over the massive overhead resistance, that’s potential sellers looking to unload shares as the Read More …
Tuesday’s light-volume pullback adds to the bigger picture of buyer dominance that we’ve seen over the past month. This is an important clue to how well the major indexes will handle the 50-day moving averages Read More …
Nice rally, but still no Follow Through Day. We needed to see heavy buy volume come in. Without it the rally is suspect. All enduring rallies have had Follow Through Days after four to eleven Read More …
Nice rally on strong buy-volume. But with the S&P 500 moving just 2% it’s not the 3% to 4% move we’re looking for. Add in the resistance of the 50-day Moving Average, which the S&P Read More …
Nice move! But no Follow Through Day. Watching volume is very important for this rally as a drying out of buyers will pave the way for short setups. Moving averages act like magnets for prices. Read More …
That honking red volume bar Monday signals Distribution. Buyer beware. When institutional grade sellers are out it’s not a good sign for longs. Our bias remains the same: Sellers Edge Intact THE GROWTH STOCK REPORT