Posted On: 08/21/2015 1:43:51 PM
Post# of 72446
Trading is VERY different today. Today, the big volume is on the BUY side.
Here is a chart of yesterday and today.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
Look at the white candles for today (the right half of the chart) -- big volume. Look at the red candles -- low volume. Now look at yesterday (left half of chart) -- the big volume is on the red candles.
My interpretation, which could be completely wrong, is that yesterday they were shorting. Today, either someone is buying, or they are covering their shorts.
Here is a chart of yesterday and today.
http://bigcharts.marketwatch.com/advchart/fra...p;state=11
Look at the white candles for today (the right half of the chart) -- big volume. Look at the red candles -- low volume. Now look at yesterday (left half of chart) -- the big volume is on the red candles.
My interpretation, which could be completely wrong, is that yesterday they were shorting. Today, either someone is buying, or they are covering their shorts.
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