The Curious Case of the VW Formation In early March, the market’s defenses began to falter. On March 7th, our capital-weighted volume metric broke ranks, breaching both structural support and our critical 1% threshold, signaling a Volume Analysis correction. Later, with the threat level elevated, on March 21st, capital-weighted dollar volume followed suit, confirming a […]
Reshuffling the Deck Like a high-stakes battlefield shuffled anew, this week’s market action unfolded with historic magnitude. Capital Weighted Volume, Capital Flows (Capital Weighted Dollar Volume), Upside CW Volume, and Dollar Volume all surged to all-time weekly highs—marking what could be a pivotal realignment in investor positioning. The week began in disarray. On Tuesday, nearly […]
This past week, the market’s price trend finally aligned with its volume trends, which broke down a month earlier. On Thursday, April 3rd, the bears notched a 95% downside volume day on above-average S&P 500 capital weighted volume. This impressive performance was eclipsed on Friday, April 4th, with a staggering 99% downside volume day on […]
The generals, Invesco QQQ Trust (QQQ), led the march lower this week (-2.90%), while our brass commanders, Schwab US Dividend Equity ETF (SCHD, -0.58%) and Invesco S&P 500 Equal Weight ETF (RSP, -1.35%), once again held up relatively better on light volume. The bulls took charge at the start of the week, registering a 96% […]