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Very High NASDAQ Volume Friday


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Very High NASDAQ Volume Friday

  #1 (permalink)
TomHam
Detroit, Michigan
 
Posts: 2 since Jun 2012
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Thoughts & comments about the very high volume on the NASDAQ Composite Index of Friday (6-21-12) ?
Looks like a sign of strength (high volume up bar with close at the top). Could the institutions be positioning ?
Something is going on. Cheers & good trading.

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  #3 (permalink)
 vegasfoster 
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I've been watching the 4hr charts and couldn't get a fix on it either way at this point, but that's interesting indeed.

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 Cashish 
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TomHam View Post
Thoughts & comments about the very high volume on the NASDAQ Composite Index of Friday (6-21-12) ?
Looks like a sign of strength (high volume up bar with close at the top). Could the institutions be positioning ?
Something is going on. Cheers & good trading.


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  #5 (permalink)
TomHam
Detroit, Michigan
 
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Ah Yes . . the annual Russell 2000 rebalancing. That would explain it.
Thanks for the heads up.


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Last Updated on June 24, 2012


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