Dow Theory Update for April 16: Stocks close up on bearish volume
Precious metals remain indecisive. US Stocks The SPY, Industrials and Transports closed up on diminishing volume, which has a bearish connotation. The overall pattern of volume is bearish. Look at the chart below: Red arrows (bearish volume days dominate the landscape). Volume is bearish The primary trend remains bullish, as explained here, and more […]