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Stocks & Commodities V. 41:03 (16–20): Can Volume Predict Price? by Perry J. Kaufman

Stocks & Commodities V. 41:03 (16–20): Can Volume Predict Price? by Perry J. Kaufman

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Can Volume Predict Price? by Perry J. Kaufman

What does higher or lower volume today suggest about tomorrows price? Heres a test to find out.

Volume is a frustrating piece of data. We all believe that its important, yet no one has shown a robust use for it. Chartists claim that volume confirms a trend, but its a matter of seeing an erratic increase in volume as prices settle in one direction ...
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