Just to clarify smij,
Weakness, when it appears, will appear on an up bar (and vice versa).
That doesn't mean any up bar on highish volume is weak,
When they are marking the shareprice up (after an accumulation, for instance) that is bullish.
As a rule of thumb, unusually high or unusually low volume on an upbar can be weakness.
In a perfect world, you would like to see gradually increasing volume on upbars and lowish volume on down bars in an up trending stock.
As we know it is not a perfect world, so some allowance needs to be made when this doesn't show perfectly and putting the individual bar into context with the whole chart also helps a lot as well.
When in doubt, the next bar or two will also confirm what is going on.
The charts are also quite difficult to read right now with all this volatility (but not impossible), it will be much easier when we get a more orderly trending market.
cheers
Add to My Watchlist
What is My Watchlist?