Declining volume => be cautious
Yo can see declining volume since beginning of May on US stock markets. There are not real buyers on US stock markets since then.
I think that all move from beginning of May (near 930 high) is in risk. If we will not see some upmove with strong volume, then stock market can easily drop below 900 level – 800 to 820 as target.
July 11th, 2009 at 4:03 pm
Hi…
The market has been very shaky over the last week. Many people are losing their shirts (if they aren’t being careful).
When do you think that the market will have a consistent, long term upswing?
Jackson Golde
July 15th, 2009 at 5:30 pm
I think that we have to prepare for choppy trading in next weeks or months – especially during a summer. I am not sure if there will be any trend there
Richard