Big Vol small candle ??

[murray t turtle]

OP needs to understand, asking the right questions furthers one's education.

Topic question is not one of the right questions.

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OK\
but he has already disclosed he is a new trader.
Figure he means big volume candle[even though he spelled it ''vol'']
So SPY on 8-3-23 has his ''small green candle, not much wick'' gap down daily [aka down window] in AUG, not many AUG buyers= good logic. SPY still down from 8-3-23
Some SPY moves are NOT based on logic; maybe HOOD panic buys or sellsLOL That's on open to close daily green candle; close to close its candle red 8-3-23.
[I record open price candle, but close to close means more \by then all have voted]
SPY has had some good down days{red on my charts} SH inverse profits= green candles[ small or not @ all ]wicks.
INverse SPY =SH, mostly green candles this week,[AUG 13-17-23] not any size wicks;
no wonder, SH mostly above 50dma\SPY mostly below 50dma. Daily volume average.

 

[Redneck]

What does it mean ? I see sometimes a consolidation and then see a big vol candle in comparison to other days and yet a small green candle without any long wicks. What is the general reasoning behind all this ? Thank you

You've asked a very important question imo

It a data point - lot's of activity..., with very little result (affect on price - at least for that one bar / candle)

Knowing for every buy or sell - there is always sell or buy

Also knowing big money is what really moves price

Now..., put on your critical thinking cap - and think thru it / also keep observing


RN

 

[qwerty11]

No comment as you did not tell us which stock.

He cannot disclose as it's so sensitive to his edge otherwise being arbitraged away immediately. So fortunately for us we come away easy this time as only a general solution to the problem will suffice.

 

[SunTrader]

Sometimes think OP is just another bot that pops up here and there.

 

[murray t turtle]

Could be color blind traders executing trades. When color blind traders see candles, they just keep buying.

PS: you need to post the chart

%%
LOL, but a vey real possibility
1,000 + ways to make money, if colorblind use hollow candles or line charts .
SPY benchmark still below 50dma\
SH above 50dma, as of last close + 10:27 CST.
I tend to use purple or blue for 50dma, but that also, is NOT a prediction.