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Detroit, MI
Posts: 22 since May 2020
Thanks Given: 9
Thanks Received: 20
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I can't find the answer to this indicator anywhere. Whenever I pick the wrong direction in the market, it's always the open interest and volume that show me where I screwed up. I've looked everywhere online, but I can't seem to find a website that shows the what the signals in the title to the thread usually indicate. Can somebody answer this?
Price down
Volume Up
Open Interest Down
This is a day after
Price down
Volume down
Open Interest Down
I know when volume and open interest are down, it's a sign of congestion, but what about price down, volume up, open interest down?
Sorry, let me be clear, I realize that the day after a rally where price is up, volume and OI are down indicate a liquidation, but I was wondering what it meant after price down days.
Thanks!
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