ES Journal - 2012

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Quote from ammo:

i think it's up ticks uvol and downticks dvol ,compared to last print,so we have had a lot of upticks off the 12/1 low and not so many downticks,

Thank you very much.

Josh - I think your definition is wrong - I need to double check though - will go over this weekend and will let you know.
 
Quote from gmst:

Thank you very much.

Josh - I think your definition is wrong - I need to double check though - will go over this weekend and will let you know.
i'm not sure either
 
Quote from JoshDance:

This is by no means an authority, but...

http://www.mypivots.com/dictionary/definition/443/vold-nyse-volume-difference

and:

http://www.elitetrader.com/vb/showthread.php?threadid=31823

both agree with my definition. I don't think it has anything to do with upticks or downticks. A stock's volume falls into "UVOL" if that stock's current price is higher than yesterday's close. If it goes below by a penny, then that volume is subtracted from UVOL and added to DVOL. And vice versa.

Again, not an authority, but the best I can find in a quick search.
 
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