Public Index

RULES FOR THE PUBLIC INDEX Learn to do the exact opposite of public traders as a group. When they are sellers, look to buy long. When they have been buyers, look to sell short.

It seems that the volume/price relationships that matter and that are the most correct as a rule of thumb are:

Price up, volume down is bearish.

Price down, volume up is bullish.

Open interest up, price up is bullish.

Open interest up, price down is bearish.

Open interest down, price up is bearish.

Open interest down, price down is bullish.

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