I plot in excel, intraday, adv vol - decl vol, and a 5 bar MA of it.
If it is above its moving average, generally price moves up. Quite
easy to see divergence and take pullback positions with some feeling of
confidence. I use tick period and 5 min. For tick period I use 13 bar
MA.
Dan
Pete Lieber wrote:
Attached is a GIF file of market volume for this
morning (3/20). As you can see we had positive divergence between the
market (SP500) & market volume.
Pete
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