Hey mooers,
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...

The percentage of individual investors expecting stocks to decline further is above 50% for the seventh time in 11 weeks. The latest AAII Sentiment Survey also shows both optimism and neutral sentiment falling.
Sentiment
Bullish sentiment
- Expectations that stock prices will rise over the next six months, dropped 3.4 percentage points to 19.4%.
- It is below its historical average of 38.0% for the 33rd consecutive week and is at an unusually...

Rents for Singapore's private apartments and Housing Development Board flats surged to record highs last month and expectations are that they will keep rising.
Condo rents climbed 2.3% in April from March to surpass their previous peak reached in January 2013. HDB flat rents increased 1.9% to exceed the record set in August 2013 according to data released by real estate portals 99.co and SRX Property.
The upward trend is likely to conti...

nice

hi