SIPC volume presages big run
The last time we had this high a volume of trading in SIPC, it preceded a massive run. Volume precedes price. It's that time of year and one of the best (IMO) leading technical indicators (volume) is telling us it's time.
This builds on top of the accumulation spikes we saw with price-insensitive whales clearing the rather ask recently, in desperation to load up some size.
Full transparency: I have a big bag of SIPC already, so I have a conflict of interest here. I am not buying more, just hoping for a run after having loaded the boat and waiting. This is not a recommendation to buy and is just my opinion.
This builds on top of the accumulation spikes we saw with price-insensitive whales clearing the rather ask recently, in desperation to load up some size.
Full transparency: I have a big bag of SIPC already, so I have a conflict of interest here. I am not buying more, just hoping for a run after having loaded the boat and waiting. This is not a recommendation to buy and is just my opinion.
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.