After a fairly stunning move down from the Volume Trend Advisor Weakness indication (The red square indicates weakness based on volume price and other variables), I am now looking to enter long. Volume is picking up now so I expect to see a change in trend soon. As always we wait for the signal but I wanted to let those of you following us of a likely move. I'll update if the indication appears while I am trading this evening or update tomorrow.
The Volume Trend Advisor (The red and green indications on my chart) indicates in real-time and cannot repaint as it uses closed price and volume analysis to determine likely changes in direction/trend. The Green icon = Strength and the Red icon = Weakness. If you have any questions regarding this fairly simple and accurate method of volume analysis, please contact us directly via PM here or via our website.
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