Volume ratio watch: Up 11.5% at $SOXSB 24h, with a trading volume of 3,610,463 USDT.
Compare today's trading volume with the average over the past week: if it's two or three times higher, that suggests new money is flowing in; if it's about the same, this 11.5% rise may just be driven by existing funds trading among themselves. The difference between new and existing capital determines how far the market can go.
Have you used this comparison method? #SOXSB
For discussion purposes only; this is not investment advice.
Compare today's trading volume with the average over the past week: if it's two or three times higher, that suggests new money is flowing in; if it's about the same, this 11.5% rise may just be driven by existing funds trading among themselves. The difference between new and existing capital determines how far the market can go.
Have you used this comparison method? #SOXSB
For discussion purposes only; this is not investment advice.
