Post
Topic
Board Speculation
Re: VOLUME
by
T.Stuart
on 03/01/2014, 00:08:34 UTC
OK that's understood. So what I mean is that the closer the swings get to the point (the less energy there is in the oscillation) is the closer we get to the market moving in the next price direction, is that right?

yes, as the oscillations lose energy any underlying trend becomes proportionally more apparent than the effects of the initial push.

So as the energy wears out we look at volume; if it is weak we predict the price will go down - is that it in a nutshell or have I got it wrong?