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Mar
04

Unprecedented Readings from the Nasdaq/NYSE Volume Ratio

By Rennie on Thursday, March 4th, 2010 at 2:39 am

Exchange volume remains abnormal, with NASDAQ volume outpacing NYSE volume by more than a 2.5:1 margin for the third consecutive session. We’ve never even seen two consecutive readings that high much less three, and while it’s tempting to label it bearish, it’s best to tread carefully when the action is unprecedented. Also note from the longer-term chart that the same ratio utilizing consolidated volume is…
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