Thank you! Very nice!
Quote from Spydertrader:
Jack's Jokari Window states:
If the Volume trend is UP, then the Price trend will CONTINUE
If the Volume trend is DOWN, then the Price trend will CHANGE
Price had improved from Day One to Day Two for NDAQ. In addition, Volume had improved from Day One to Day Two. Since the volume trend continued to increase, we anticipate price continuing to increase as well. Even though actual volume levels did not exceed FRV levels by EOD, volume was increasing (compared to the previous day). As such, I decided to hold NDAQ in anticipation of additional price increases tomorrow. Increased volume tomorrow (combined with improved price) should signal a continuation of the same trend.
I hope that helped.
- Spydertrader