|
Volume Climax
Volume Helps Identify Reversals
Various price patterns can alert us to potential reversal candidates.
Trendline Breaks, Support and Resistance Levels, Fibonacci Retracement Levels
and other price information are valuable in determining a change in direction
for a security. However, one of the most overlooked chart patterns that help
us determine reversals is not reflected in the price itself. Volume climaxes
are easily identifiable and valuable in assessing a change in market
sentiment.
Click Here for full Article
|
Happy Trading,
Nirvana Systems
Previous Lessons:
DAKT
SSRI
USMO
XIDE
URBN
GENZ
EFII
CAG
IFNY
HRS
CROX
GYI
EXEL
WAG
WAT
JEC
ANSS
CTRP
DRIV
ASD
IOTN
VFC
CVX
BRLC
COGN
HAS
IIG
IDCC
CMVT
BZH
WEN
AAI
BSG
ARO
BP
SYMC
P.S. - Do you want to day trade Stocks, Futures & Forex with up to 90% accuracy? Try the Millennium Traders a consistently profitable trader service through all market conditions, one of the most profitable trading service on the net ... » Get More Info Now!
|
[ 
Dan Zanger Offers 3 week FREE trial!
