Tuesday, January 25, 2022 2:36:17 PM
I don't think volume is a good indicator. I highly doubt there will be any leaks and if there is, they will be extremely careful and not push the volume. TLD will come highly unexpected (meaning as a surprise).
Volume is always a good indicator of things to come. To say its not is being naïve or downplaying its significance to price movement.
For example...this rise off the lows of early January were nothing but traders making decisions based on technical. Volume told the story. Notice we are stalled and even going down since the .90s last week. It was a technical play. Most made a quick 20-25% and bailed. Got back and look at my post regarding volume and why the .90s were not sustainable on such low volume. IMO volume is confirmatory, and while its not the only indicator there is, its a good indicator to watch if news is coming.
Also, if there is a leak, you can bet your bottom dollar there will be a HUGE increase in volume. Once again, saying there will not be is being naïve, or just downplaying people/investors are here to make money. They are not here to temper there motivation to buy/sell. If a leak happens, we will know about it with a huge volume increase on zero news. I have seen it 1000 times and I highly doubt a leak of this significance will be tempered to "not push the volume".
-Fireman
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