Price moving higher on relatively low volumes where as on -ve days volumes are significantly higher which suggests distribution is going on at higher levels. Looks like smart money is taking exit at higher levels and retail is hoarding. Price action is clearly bullish but I would be cautious here. Looks like recipe for disaster.
註釋
Volumes keep shrinking. 17th August 2020 daily volumes are lowest they have been in years.註釋
We can observe how easy is it to reverse a move which is not supported by volume. Heavy selloff at the top which is volume supported. Crossing the highs without support of volume may not be possible. My personal short term view is sideways-bearish.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。