Notice the high volume also with FKLI futures.
Wednesday, October 8, 2008
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As I sit in front of the market screen, I gazed and wondered what will happen next. Here are my thoughts and ideas for the Bursa Malaysia Stock Market.
Visit my CI & CPO Futures & Commodities Market Weblog http://www.futures2118.blogspot.com
2 comments:
normally for double-bottom, the volume on the left is higher than the right. your chart has higher volume on the right, not the left. Not a strong signal.
Interesting ! Thank you for your comment !
Yes, the volume on the right shud be lower than the left denote reduced sellers. When sellers reduce or absence of seller, the market has a chance of going higher forming double bottom.
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