Today's price down with high volume are mainly created during the day bottom price. High volume with price stays the same is a sign of bottoming for our analysis.
However, do take note that this is just a sign of price bottoming. It is not a sign of rebound yet. To catch the rebound, we will need to monitor the upcoming trading days price & volume for any sign of big boys have intention to mark the price higher.
However, do take note that this is just a sign of price bottoming. It is not a sign of rebound yet. To catch the rebound, we will need to monitor the upcoming trading days price & volume for any sign of big boys have intention to mark the price higher.