The Financial Volume Index Expanded For The l990s by Patrick Cifaldi, C.M.T.
ARTICLE SYNOPSIS ...The Financial Volume Index Expanded For The
by Patrick Cifaldi, C.M.T.
The financial volume index, which was first introduced by Patrick Cifaldi in the pages of STOCKS &
COMMODITIES in 1989, takes on and uses the study of volume, surprisingly underutilized in technical
analysis. The index combines futures contracts, the Dow Jones Utility Index and the Dow 20 Bond Index,
and here, Cifaldi examines its uses for the current decade.
In the study of technical analysis, price data are the information most often used in research. Often
underplayed is the study of volume, either by itself or i...