Technical analysis of volume by Howard K. Waxenberg
ARTICLE SYNOPSIS ...Technical analysis of volume by Howard K. Waxenberg
You don't need a computer for volume studies; the analysis presented here can be done with a calculator and The Wall Street Journal. This article provides an outline of technical tools derived from volume figures which can then be used for analysis to gauge the internal strength or weakness of a market.
In my last article I wrote about the technical analysis of the equity markets that could be accomplished
without the aid of a computer or on-line database. In that article I showed an analysis of advance-decline
data. This article will conti...