Cumulative
📊 Cumulative Volume Delta (CVD)📍 CVD describes the number of contracts bought at the offer minus those sold at the bid. It simply measures the "aggressiveness" of buyers versus sellers. If the sellers are aggressive, they place limit orders instead of market selling and vice versa. CVD is the easiest method to use delta in your trading.
🔹UPTREND EXHAUSTION
Price is making new highs but CVD isn't. This shows a lack of interest coming from aggressive buyers who would be needed to continue the price increase. We can expect a short term reversal to the downside.
🔷UPTREND ABSORPTION
CVD is making new highs but price isn't. This shows that there is a lot of activity from aggressive buyers trying to push the price higher but their market buy orders are getting absorbed by limit sell orders.
🔷DOWNTREND EXHAUSTION
Price is making new lows but CVD isn't. This shows a lack of interest coming from aggressive sellers who would be needed to continue the price decrease. We can expect a short term reversal to the upside.
🔷DOWNTREND ABSORPTION
CVD is making new lows but price isn't. This shows that there is a lot of activity from aggressive sellers trying to push the price lower but their market sell orders are getting absorbed by limit buy orders.
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COVID: WINNING OR LOSING THE WAR?The chart shows cumulative cases in USA, GB and Germany.
Some don't like cumulative data. Case rates per day seem to matter more.
But in terms of understanding whether the war on COVID is being won, I say cumulative data is where the focus needs to be. Why?
Case rates per day or per week are the 'noise'. That rate will pick up fluctuations. Some people may get excited if there is a fall in rates over a few weeks. But short term rates do not give the big picture.
Cumulative figures over along period tell a different story. How they are interpreted is important. The actual figure at any one point is not that important.
It is the shape of the curve that matters more. How?
If a virus is dying out, one can expect there would be very little accumulation. We should see a clear flattening or perhaps only a very gentle rise.
If the virus died completely, the curve would flatten and remain flat because accumulation would be zero.
Of the big three GB (green) and USA(amber) have been taking on a sharper rise. It appears that the accumulation began around 1st December 2021 and that was realised near 25th December.
Obviously, Omicron was a new phase - piling on the accumulation.
Whilst the Omicron variant appears to have a lower case fatality rate than previous versions, what we're seeing in other data is how disruptive it is of health, other essential services, and transportation services.
Evolutionary theory will say that an organism mutates in the direction of an advantage that maximises its survival. Omicron has achieved that. It was not surprising. It's not in COVID's survival strategy, to become more 'killing' - simply because it needs more of its host to spread itself. What we don't need is a stronger big brother of Omicron.
Omicron (and Delta) are more serious risks to economies than death rates from infection.
BTT Bullish Long-termOn BTT chart you can see the same start of cummulation zone like in the past. It´s really interesting for me see the same movements to BK 77. I´m not saing that, it has to be like that, but it could be some time indicator in the future :)
