Quote from BlackGuardII:
Good morning.
The divergence in volume of the ES and the cash index was key yesterday. The ES was making a new high after multiple consecutive sessions on twice the volume while the actual cash index was making a new high on a lower volume. I have always found this marks a key turning point.
As for the definition of "cash index", look it up on google. I dont mean to sound arrogant or rude, but if you have a rudimentary question its best to do a google search first.
Til later...
You made a distinction between cash index and index. WTF is the difference?
Quote from BlackGuardII:
Volume on the ES was amazing while the actual volume on the cash index and index was low. This is one of the parts of the Rule of 12.
) ... it sure ain't on his chart, and it isn't on mine either?