Are positions quietly changing hands?
$LYN 4 14-hour MACD death cross above the zero line. Indicators are all calculated from price; to see where real money is going, you need to look at trading volume.
If the death cross comes with a surge in volume, it suggests positions are being liquidated in a concentrated way. A death cross on shrinking volume is more likely to mean buyers are sitting on the sidelines, so the move may be weaker.
Which side are you on? Let me know.
#LYN
$LYN 4 14-hour MACD death cross above the zero line. Indicators are all calculated from price; to see where real money is going, you need to look at trading volume.
If the death cross comes with a surge in volume, it suggests positions are being liquidated in a concentrated way. A death cross on shrinking volume is more likely to mean buyers are sitting on the sidelines, so the move may be weaker.
Which side are you on? Let me know.
#LYN