In the past 3 days, we see higher closes in the market and most tickers have finished the past 3 days greenish!
But looking at volume and compare it to the past week's average clearly shows the weakness on the buyer's side!
More neutral days could be the most probable scenario in the coming days!
AAPL, MSFT, GOOG, AMZN, and FB have seen higher prices at lower volumes..! which is not a bullish sign!
Waiting for better entries could be a good choice!
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
But looking at volume and compare it to the past week's average clearly shows the weakness on the buyer's side!
More neutral days could be the most probable scenario in the coming days!
AAPL, MSFT, GOOG, AMZN, and FB have seen higher prices at lower volumes..! which is not a bullish sign!
Waiting for better entries could be a good choice!
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.