IWM saw a nasty reversal off the all time highs today.
A potential weekly topping tail is building.
What important about this reaction is the amount of volume that was traded.
This was the highest candle since April 9th.
High Volume reversals need to be monitored closely as it does show large money distributed into this strength.
A high volume candle marked the tariff bottom.
Will a high volume candle signal a near term top?
A potential weekly topping tail is building.
What important about this reaction is the amount of volume that was traded.
This was the highest candle since April 9th.
High Volume reversals need to be monitored closely as it does show large money distributed into this strength.
A high volume candle marked the tariff bottom.
Will a high volume candle signal a near term top?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.