NASDAQ Volume – MarketTells.com

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NASDAQ volume topped 6 billion shares Tuesday, the heaviest volume in months and over its upper bollinger band. That’s a bullish development when it comes on a NDX rally day (higher high, low & close). The NDX was higher one month later 80% of the time, not a big edge over the 70% random odds. But note the max loss was only 4.2%, less than the average gain of 4.9%…

NASDAQ Volume > Upper Band on Up Day
06/08/21… NDX ???
11/24/20… NDX +5.2% one month later
06/05/20… NDX +7.1% one month later
12/20/19… NDX +6.2% one month later
10/31/19… NDX +2.8% one month later
06/28/19… NDX +3.7% one month later
03/15/19… NDX +4.4% one month later
01/31/19… NDX +4.5% one month later
01/31/18… NDX -2.0% one month later
12/15/17… NDX +5.3% one month later
10/27/17… NDX +3.4% one month later
02/01/17… NDX +4.3% one month later
09/07/16… NDX +0.9% one month later
03/18/16… NDX +2.9% one month later
03/20/15… NDX -0.5% one month later
12/19/14… NDX -0.3% one month later
06/27/14… NDX +3.0% one month later
03/04/14… NDX -1.5% one month later
12/20/13… NDX +2.3% one month later
09/06/12… NDX -0.6% one month later
02/01/12… NDX +6.2% one month later
12/16/11… NDX +9.1% one month later
09/16/11… NDX +1.2% one month later
11/04/10… NDX +0.1% one month later
09/17/10… NDX +7.6% one month later
04/14/10… NDX -4.1% one month later
03/02/10… NDX +5.8% one month later
12/18/09… NDX +2.4% one month later
06/19/09… NDX +5.6% one month later
04/02/09… NDX +10.3% one month later
03/18/09… NDX +12.2% one month later