Calling Today A Short-Term Bottom for Financials [View article]
Volume reversals cannot be gleaned from ETFs or ETNs. That's because they show activity in the FUND, not the underlying equities. Price is ok (especially for the larger ETFs because of there high liquidity) but volume? Sorry guys - no way.
A company's stock (or an index, if volume is available) is far better for volume reversal analysis.
I trade ETFs but I only look at price. I haven't done as well as with actual companies because my timing has sucked so far.
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Volume reversals cannot be gleaned from ETFs or ETNs. That's because they show activity in the FUND, not the underlying equities. Price is ok (especially for the larger ETFs because of there high liquidity) but volume? Sorry guys - no way.
Jul 16 17:53 pm
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All Comments by Jerlad »Calling Today A Short-Term Bottom for Financials [View article]
A company's stock (or an index, if volume is available) is far better for volume reversal analysis.
I trade ETFs but I only look at price. I haven't done as well as with actual companies because my timing has sucked so far.