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Trading Techniques | FEB 2011
Comparative Trading Volume by Anthony Trongone
The first part of this series looked at how price action can be used to anticipate future price movement in the S&P 500 Sp d r exchange traded fund. This time, we add trading volume to the mix, but not in the typical way. As technicians, we depend primarily on two variables to augment our predictive ability: price and volume. In my previous article, the emphasis was on using yesterday’s action to determine the price movement of the Standard & Poor’s 500 depositary receipt (Sp d r) exchange traded fund (Sp y), also known as spiders
by Anthony Trongone, Ph.D., CFP, CTA
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