Thursday, March 27, 2008

Low Volume

The market reacted well after disappointing economic news and closed mixed the yesterdays session. Major indices hit their sessions low just after the release, but the sellers wasnt resolute enough to trigger more downside. Volume was extremely low again and this is not the kind of action I like to see when the indices test their 50EMA. Here an interesting chart: priceline.com IncorporateRead More...

[Source: The Money Blogs]

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