Liquidity Is a Problem, But There Are Positive Signs Nonetheless [View article]
Yep, I concur with the author. Big money still has not returned to the markets as the QQQQ's & SPYs total volume on Friday's job reversal rally was lower than the so-called bottom rallies on Oct 10th, Oct 28, and even the Nov 21st (Fri. options exp) rally. Volume decreased after each of these days.
This coming week will be a good market participation test as a weekly close above S&P 900/Dow 8850 would mean we are setting up for a possible test of the 50 day MAs.
Liquidity Is a Problem, But There Are Positive Signs Nonetheless [View article]
This coming week will be a good market participation test as a weekly close above S&P 900/Dow 8850 would mean we are setting up for a possible test of the 50 day MAs.