Last week's Volume Oscillator for reference
10/18 = 17
10/19 = -40
10/20 = -11
10/21 = -18
10/22 = -12
This week's VO
10/25 = 0
10/26 = -5
10/27 = -22
10/28 = -24
10/29 = -18
This post will be updated nightly throughout the week, so check back periodically for new information or you can subscribe to this post and receive updates by e-mail.
if this is going to be like april then need bigger follow through now next couple of days..right?
ReplyDeleteThank you!
ReplyDeleteYash
ReplyDeleteTerry's the expert at interpreting the VO. Here's his audio commentary today about it:
http://ttheory.typepad.com/files/ttoaudio20101027.mp3
WOW- the fed leaks it's plans - only a 'couple hundred billion' in QE2 asset purchases, and the market is only off 3 S+P points by the close. position Sizing- I like your timing, it feels right, but the market truly will not go down. I feel like today was a HUGE tell. the market should have gotten killed on that news.
ReplyDelete"The market truly will not go down".
ReplyDeleteI.E, The market will never go down
This market is becoming Pavlovian. Get ready for the fireworks folks.
Jim
Updated for Thursday, October 28 = -24
ReplyDeleteUpdated for Friday, October 29 = -18
ReplyDeleteNote:
ReplyDeleteTerry reports -21 and -23 at his website for 10/27 and 10/28 instead of -22 and -24.
I assume that rounding accounts for the 1 point difference. These 1 point differences may occur from time to time, but they are not material to the analysis of the Volume Oscillator.