Today's 400pt lift in Dow was unconfirmed by volume which declined as price rose. VOLUME DIVERGENCE violates basic Dow Theory:
The session volume in each day's trading reveals nearly all the session volume was traded before the thin air lift at the end of day.
A move against trend must be confirmed by increasing volume to be a true trend change, else it is...
The TA of BTC is showing three possible support lines and the question is when will the bounce come and which support??? Right now the downtrend is looking like the first resistance is around 8400. If it breaks then head upwards. If it hits the resistance and heads down it is more likely that is will find the next support toward 7800-7900. Then if it will break...
