<p><img src="http://www.greenfaucet.com/system/files/1164/rosenbloom-040811e.png" width="500" height="358" />
</p>
<p>
Here's a chart of average daily volume as shown through Excel.
This is the most important chart to view.
We're seeing 20 day volume (blue) compared with both 50 day volume (red) and 100 day volume (green) which we've been seeing in isolation on each year's chart for April.
Now we see how April 5th compared from 2005 forward.
Volume was on a steadily rising pathway and then peaked in April 2009 at the literal heart/bottom of the Financial Panic.
Ever since then, with a steadily rising market, volume has trailed lower in April and now is at the lowest average daily volume level since 2007.
Daytraders are being steadily washed out of the market.
This has also coincided with Obama's rise to power.
How much more can traders take as volume slows down to an absolute crawl?
</p>
<p>
Here's a chart of average daily volume as shown through Excel.
This is the most important chart to view.
We're seeing 20 day volume (blue) compared with both 50 day volume (red) and 100 day volume (green) which we've been seeing in isolation on each year's chart for April.
Now we see how April 5th compared from 2005 forward.
Volume was on a steadily rising pathway and then peaked in April 2009 at the literal heart/bottom of the Financial Panic.
Ever since then, with a steadily rising market, volume has trailed lower in April and now is at the lowest average daily volume level since 2007.
Daytraders are being steadily washed out of the market.
This has also coincided with Obama's rise to power.
How much more can traders take as volume slows down to an absolute crawl?