$SOXLB ｜1-hour volume surged 6.3x｜price rose 9.38%
Before looking at fund flows, first understand what a volume surge means.
Read trading volume together with price: where the price stalls and whether the upper and lower wicks are long usually tell you more than volume alone.
A volume surge may also come from mass liquidations: liquidation orders are forced executions, so this kind of volume surge means something different from active buying and selling. Assess it against liquidation data.
Leave enough room in leveraged positions; don’t let a single wick knock you out.
#SOXLB
Before looking at fund flows, first understand what a volume surge means.
Read trading volume together with price: where the price stalls and whether the upper and lower wicks are long usually tell you more than volume alone.
A volume surge may also come from mass liquidations: liquidation orders are forced executions, so this kind of volume surge means something different from active buying and selling. Assess it against liquidation data.
Leave enough room in leveraged positions; don’t let a single wick knock you out.
#SOXLB
