Wednesday, December 3, 2008

Volumeless Markets

Markets are trading without much volume. Qs traded to 28.53 upper resistance with volumeless rally. Rallying in light volumes will be followed by big sellings.

Markets are trying to lure in buyers, but market trading volumes are low and we have lower Gaps which are not filled. Obviously many are not buying into rally yet as we have mid Dec turn which many are watching.

VST are, e.g. 5min, showing neg divergences now.

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