Yet another insight into this market conditions and another very important indicator in favour of bearish sentiment.
Previous bull market was on ever increasing volume.
Current bear market was on ever increasing volume.
Current bullish correction is on ever decreasing volume indicating a pause in the major trend (bearish) rather than a reversal
Previous bull market was on ever increasing volume.
Current bear market was on ever increasing volume.
Current bullish correction is on ever decreasing volume indicating a pause in the major trend (bearish) rather than a reversal