XLD
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0.20% 1,633.8 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-245

  1. Jako8557
    16,642 Posts.
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    24/06/16
    15:18
    Post #: 18115539
    They show the cumulative volume for each buying or selling wave.

    Try to think of volume as 'force' or 'effort'

    Using this chart, the relative strength (or weakness) of individual waves can be compared to each other.

    cheers
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    lightbulb Created with Sketch.  Great analysis
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