Total Depth is such a small amount compared to the intra-days trading.
for example 740,000 traded currently and less than 250,000 on each side of the buy and sell 10 levels deep..
From experience most trades come from off screen, that meaning they buy sell at market, big buyers pretty much never que up.
I've seen stocks rise for a month when the sell depth is 10 times higher.
Market depth is not a indication of potential price movement. In my opinion of-course.
Welcome aboard.
Cacoa.
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