Turning up the Volume.

Red dots distribution days, when the market drops on higher volume than the previous day.  Black conversely marks higher volume rallies.  More black dots seen recently signals increasing buyers entering the market.

There stretched a period at the end of January that consisted of 8 daily rallies on larger volume, uninterrupted by a single distribution day.  This grand emergence of buyers will provide necessary fuel to push the market higher through February. Or is ti FebruAny? Also, increasing volatility will provide good entry points along the way.

2 thoughts on “Turning up the Volume.

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