Replies to post #1920 on Advanced Trading Methods

[Y worry Murray]

Agreed, however no TLBs on the MFI & CO yet and the higher PVO means volume is still increasing on lower prices. This last leg completes 3 declines in a wedge so now we get a correction but there is plenty of resistance over head including the 200 day MA on all the major indexes.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:percentage_volume_os