Tuesday, April 2, 2013

Volume Off the High- 4/1 Edition

Just a note of interest with the new "volume off the high" list, although the EZJ came off recent highs with some volume, this may just be an issue of liquidity. The more liquid EWJ also came off recent highs significantly in yesterday's trading, but the volume levels were more subdued. I weighed not including the EZJ, but the magnitude of the decline in the funds that track the Yen was just compelling. Additionally, the IWM also showed some volume coming off of highs. This may bear some watching.







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