【CoinPush】The holiday is approaching, and the performance of the US stock market these days is quite interesting. The S&P 500 opened with little fluctuation, with tech stocks showing mixed gains and losses, making the entire market seem somewhat sluggish. Trading volume on Monday was nearly 40% below the 20-day average, and Tuesday doesn’t look much better.
But what’s interesting here is—despite the shortened trading days due to the holiday and the light market activity, the stock market is moving upward with a very calm confidence. Market breadth continues to improve, technical indicators remain constructive, and volatility has even broken through a key support level. Craig Johnson, Chief Market Technician at Piper Sandler, pointed out this very fact.
In simple terms, in this environment of low trading volume, the quality of the upward move is actually more worth paying attention to. For those observing macro market sentiment, this situation still provides some reference.
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CoconutWaterBoy
· 12h ago
Low trading volume can still rise steadily, now that's real confidence.
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just_here_for_vibes
· 12-30 15:34
Low trading volume moving upward, now that's really impressive. Much more reliable than those who call signals every day.
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NervousFingers
· 12-30 15:26
Low trading volume can still steadily move upward, now that's real skill.
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Even during lazy holidays, it can still rise. I just want to see how long it can last.
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Quality > Quantity, I give full marks for this logic.
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Wait, is this paving the way for a subsequent pullback...
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It's rare for the market to be so calm, which actually makes me a bit uneasy.
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Even with light trading, maintaining a constructive attitude, Craig Johnson's comments this time are pretty good.
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Really? It looks a bit hollow to me.
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UncommonNPC
· 12-30 15:23
Low trading volume can still rise steadily; this is true skill. Quality > Quantity is what this means.
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FlashLoanKing
· 12-30 15:19
Low trading volume can still be so stable, what does it imply? Are institutions accumulating?
Light trading before the US stock holiday, what signals do technical indicators reveal?
【CoinPush】The holiday is approaching, and the performance of the US stock market these days is quite interesting. The S&P 500 opened with little fluctuation, with tech stocks showing mixed gains and losses, making the entire market seem somewhat sluggish. Trading volume on Monday was nearly 40% below the 20-day average, and Tuesday doesn’t look much better.
But what’s interesting here is—despite the shortened trading days due to the holiday and the light market activity, the stock market is moving upward with a very calm confidence. Market breadth continues to improve, technical indicators remain constructive, and volatility has even broken through a key support level. Craig Johnson, Chief Market Technician at Piper Sandler, pointed out this very fact.
In simple terms, in this environment of low trading volume, the quality of the upward move is actually more worth paying attention to. For those observing macro market sentiment, this situation still provides some reference.