http://quantifiableedges.blogspot.com/2009/05/mythbusting-some-2-day-volume-patterns.html
an alternative view of realtionship about volume/price movement to indicate bullish/bearish view.
the study takes a look at the volume/price movement:
1) Up day on up volume followed by down day on down volume.
2) Up day on down volume followed by down day on up volume.
3) Down day on down volume followed by up day on up volume.
4) Down day on up volume followed by up day on down volume.
conclusions are stunning, they are NOT easly related to bullish/bearish!
i guess the arrguement is laying on the buying/selling power which CAN NOT be easly unveiled on volume/price movement, but in that study, in extreme condition, the volume/price movement CAN be correct direction.
03/20/2026 Market Outlook (The Volume)
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