SPX500 - Relatively Low Increase in Volume during the Sell Off

SPX500 - Relatively Low Increase in Volume during the Sell Off

Oversold with ~ -3.8% of Under Extension.

For now the Bullish Trend Momentum is still persisting, during the sell off.

But the Bullish Momentum would not stay there for longer, without mark new Accumulation Points.

The progressive increase in volume during the reaction wave is relatively low. This is something to notice considering the relative deep fall.

By default, the Value at Risk Feature follows the Trend Momentum.

The other option to select in the tool is that the Value at Risk could follow the Buying and Selling Waves.

Details on the chart.

Thank you
Girolamo Aloe

Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.