Positive Week, Negative Volume


After two consecutive weeks down, the S&P rallied to finish up just over 4.5% on the week.

Bottom line: this price has no volume to support it.

As I have been saying, this doesn’t mean the price won’t continue to move higher, but it means that you should be very cautious as prices near resistance and a possible fall might be in the near future.

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Alex

You HAVE to have a trading system to be profitable over time. Digging deeper into VSA.