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Opinion: Here’s what low NYSE trading volume is telling us about the stock market’s direction
Is a low level of stock-trading volume warning of a new major downleg for the U.S. market? Some of the bearish advisers I monitor are worried that it might be, on the grounds that volume is a leading indicator and New York Stock Exchange trading volume has been trending lower. As you can see from the chart below, the five-day moving average of NYSE volume currently is a third less than where it stood in mid-December.
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https://www.marketwatch.com/story/heres-...2019-01-18
Is a low level of stock-trading volume warning of a new major downleg for the U.S. market? Some of the bearish advisers I monitor are worried that it might be, on the grounds that volume is a leading indicator and New York Stock Exchange trading volume has been trending lower. As you can see from the chart below, the five-day moving average of NYSE volume currently is a third less than where it stood in mid-December.
...
https://www.marketwatch.com/story/heres-...2019-01-18
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