American Daddy Trader
  • Politics
  • Business
  • Stock
  • Editor’s Pick
  • Politics
  • Business
  • Stock
  • Editor’s Pick

American Daddy Trader

Stock

DP Trading Room: On-Balance Volume (OBV) Explained

by admin April 2, 2024
April 2, 2024
DP Trading Room: On-Balance Volume (OBV) Explained

Today Carl and Erin cover the topic of On-Balance Volume (OBV) as a representation of volume trends. This came to their attention as they uncovered an OBV negative divergence on the SPY chart.

Carl completes a review of the weekly charts for the Magnificent 7 stocks, giving us a more intermediate-term picture of their strength and weakness. He also enlightens us on participation within the small-cap index ETF, IJR.

Carl first reviews the market trend and condition with a discussion of key DecisionPoint indicators. He covers Bitcoin, Crude Oil, the Dollar and a special discussion on the Gold chart. Erin then goes over the sectors with a concentration on Regional Banks (KRE).

The rest of the program was devoted to symbol requests.

01:25 Market Overview

10:01 Magnificent 7 weekly chart review

13:16 OBV Discussion

17:40 Small-cap overview

21:00 Questions

25:30 Sector Review and Regional Banks (KRE)

33.37 Symbol Requests

To join us LIVE, go to the homepage for DecisionPoint.com and sign up to attend live!


Watch the latest episode of the DecisionPointTrading Room on DP’s YouTube channel here!


Try us out for two weeks with a trial subscription!

Use coupon code: DPTRIAL2 at checkout!


Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin


(c) Copyright 2024 DecisionPoint.com


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.


Helpful DecisionPoint Links:

Trend Models

Price Momentum Oscillator (PMO)

On Balance Volume

Swenlin Trading Oscillators (STO-B and STO-V)

ITBM and ITVM

SCTR Ranking

Bear Market Rules


previous post
Republicans and Democrats panic to quickly define ‘spoiler’ candidate RFK Jr
next post
Trump Media auditor warns that losses threaten the company’s ability to stay in business

You may also like

My Downside Target for the S&P 500

March 8, 2025

Week Ahead: NIFTY May Continue Showing Resilience; Broader...

June 15, 2025

AI Stocks and Their Impact on the Stock...

January 29, 2025

Here Are Two Great Earnings Reports This Past...

February 17, 2025

Analyze This: Will the Dow Will Soar or...

June 21, 2024

Stocks in Focus: Three Stocks Primed for Explosive...

March 15, 2025

Master the 18/40 MA Strategy: Spot Trend, Momentum...

May 1, 2025

DP Trading Room: Two Industry Groups To Watch!

May 7, 2024

Week Ahead: NIFTY May Continue Staying Volatile; Focus...

April 13, 2025

Alibaba Returns to the Scene of the Crime

June 8, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!

      July 7, 2025
    • Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

      July 7, 2025
    • Israel hammers Houthis with airstrikes, rebels respond amid Red Sea flare-up

      July 7, 2025
    • Is a Chinese chain’s blood orange cold brew the future of coffee in America?

      July 7, 2025
    • Democrats project doom and gloom, not celebration, with July 4 messages

      July 6, 2025

    Archives

    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024

    Categories

    • Business
    • Editor's Pick
    • Politics
    • Stock
    • Uncategorized
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 americandaddytrader.com | All Rights Reserved