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Volumespreadanalysis

AMZN Volume Spread AnalysisNASDAQ:AMZN We tend to see strong demand on Weekly chart (Background Strength) With diminishing demand on Daily. Thus there might be supply coming in at those level for the shorter time frame period to retest the trend line drawn. Join me with my analysis via Volume Spread relationship as I show you the logic behind money flow to trade alongside Smart money. Key concepts: 1)Smart money always buy on down bar and sells on up bar Therefore: Weakness is always shown in upbar Strength is always shown in the downbar 2) Relative Effort VS Results We will see an abnormally when: There's a huge volume but little price change (Narrow Spread) There's a low volume with huge spread (markup / test)
NASDAQ:AMZN
by ZanderGoh
SPY Volume Spread AnalysisAMEX:SPY Join me with my analysis via Volume Spread relationship as I show you the logic behind money flow to trade alongside Smart money. Key concepts: 1)Smart money always buy on down bar and sells on up bar Therefore: Weakness is always shown in upbar Strength is always shown in the downbar 2) Relative Effort VS Results We will see an abnormally when: There's a huge volume but little price change (Narrow Spread) There's a low volume with huge spread (markup / test) In conclusion, hidden weakness in demand for weekly chart form for SPY. potential to look out for would be fail demand candle. Buying climax bar, and a keen level of 3000 for smart money to test.
OANDA:SPX500USDShort
by ZanderGoh
Gold futures - potential mean of reversion trade9 Apr 2020 recap - Gold futures ( COMEX:GC1! ) jumped up 4% on last Thursday fueled by the worst jobless claim numbers together with trillion dollars injection by the FED. The volume was low on that breakout day suggested the the strong spike up was on the background of lacking of supply.  On a higher timeframe, 1750–1800 levels are resistance as seen in 2011–2013. On H1 timeframe, the run up from the April's low to 7 April high has climatic characteristics followed by a swing down , which can be considered as a change of character of the up swing from 1–7 Apr. Current price action looks like an up thrust of the buying climax high at 1740, coincides with hitting the resistance (from 2011–2013). Movement between the trading range from 1670–1750 is expected for the Gold futures. A breakdown of 1730 could be the first sign of weakness for the possible down swing. Should Gold futures dropped below the support at 1670, 1600 is the next important support level. Bias - short term bearish, expect a swing down to 1670–1700. Key levels - Resistance: 1750–1800 Support: 1670–1700, 1600 Potential setup for Gold futures - look for a test of 1740–1755 for a potential short entry upon a reversal signal, with a target around 1670–1700.
COMEX:GC1!Short
by mingjong