Can anyone enlighten me on this:
Typically there is a pretty strong relationship between
the length of a bar and the amount of volume to make it.
I am talking about the 5 min time frame here.
However, sometime you'll see bigtime volume and a puny little
bar or a little tiny scrap of volume and a relatively big price move.
The first case makes sense to me.
The second case does not. Is it a case where volume lags
price? wtf? Perhaps it means volume is so dry that smaller forces
can push price through manipulation?
Any ideas out there?
J
Typically there is a pretty strong relationship between
the length of a bar and the amount of volume to make it.
I am talking about the 5 min time frame here.
However, sometime you'll see bigtime volume and a puny little
bar or a little tiny scrap of volume and a relatively big price move.
The first case makes sense to me.
The second case does not. Is it a case where volume lags
price? wtf? Perhaps it means volume is so dry that smaller forces
can push price through manipulation?
Any ideas out there?
J
