Volume is what GIVES price its significance, taking me back to my point -- these prices dont mean much as there is no Volume behind it..
Hence false market - situation where you are including insignificant trading days in your overall TA.
Today is a perfect example: the SPI doesnt KNOW something, its just going no where for no reason...
friday trading, page-62
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Last
7,910.0 |
Change
-79.600(1.00%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,989.6 | 7,989.6 | 7,894.3 |
| XJO (ASX) Chart |