Friday, May 1, 2009

05.01.09 - Where Did All The Volume Go?

Must have gone the way of May flowers. Lowest volume day in a couple months (see below). Indices are mixed at the mid-day with a moderately falling VIX. Other internals are also generally mixed and SPX is sitting right on the VWAP, which in turn is tracing slightly above the rising intra-day five-day moving average. Although I retain a moderately negative bias for the day, it could be one of those days to hit the linx/ water early.

Enjoy your weekend and don't forget to check out the weekly rewind.

Hourly Bar Volume

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