See Stopping Volume in Action

Join countless traders worldwide who use
the Hawkeye algorithms day in and day out to gain a powerful edge

See Stopping Volume in Action

The silver market has fallen over 30 dollars since the high of 50 dollars and has been making lower highs and lower lows since May of 2011. However the weekly ranges have been getting smaller and smaller. There is now attendant volume i.e. accumulation volume on the daily chart (see cyan arrow) and also on the weekly chart (see cyan arrow).

silver daily

 

silver weekly

Hawkeye perspective
This is showing classic stopping volume in the down trend and is the precursor of an up move.