Price And Volume Wave-Trends Are In Conflict
Definitions: The Wave-Trend is simply the difference between a five-period and a thirty-five-period simple moving average.
The proxy for stocks in this analysis is SPY.
Despite the positive direction in prices, volume in stocks is suggesting a top, not a continued advance.
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These illustrations are not a solicitation to buy or sell any ETF. I am not an investment advisor/broker
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