The Handbook of Technical Analysis + Test Bank_ The Practitioner\'s Comprehensive Guide to Technical Analysis ( PDFDrive )

THE HAndbook oF TEcHnIcAl AnAlySIS

Volume buying and selling Climaxes

A market top or bottom is usually accompanied by either:

■ (^) Relatively large or extreme volume
■ (^) Relatively low or minimal volume
fIgure  6.10 Volume as a Breakout Timing Indicator on the Daily Chart of iShares
Silver Trust.
Courtesy of Stockcharts.com
fIgure 6.11 VWMA on the Daily Chart of S&P500 SPDRs.
Courtesy of Stockcharts.com