TJ.. I've watch some of your video's on the volume summation indices.. i'd like to point out something.. you use the term 'money entering or leaving.' I'll contend that term is wrong. There is away an equal amount of money in a transaction, as there is always an equal amount of shares traded. A stock may end the day positive.. therefore concluding that days volume as an 'up day' But what makes up and down days different from each other is that one side (buyer or seller) become more anxious (for whatever reason).
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Indicator Of The Day: Dow Volume McClellan Summation Index
TJ.. I've watch some of your video's on the volume summation indices.. i'd like to point out something.. you use the term 'money entering or leaving.' I'll contend that term is wrong. There is away an equal amount of money in a transaction, as there is always an equal amount of shares traded. A stock may end the day positive.. therefore concluding that days volume as an 'up day' But what makes up and down days different from each other is that one side (buyer or seller) become more anxious (for whatever reason).