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Monitor Price and Volume Pressure For a Change in Behavior
When the buying stops and the selling starts, that results in a change in trend. Then this a confirmed change in behavior. The chartist must have a tool to monitor for a change of behavior that is likely to result in a change in trend, here is our tool.
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"Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start." ~ Jesse Livermore
"Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception." ~ George Soros