The volume price analysis methodology can be applied to all markets and instruments and none more so than for stocks. The previous day’s price action can give us clues as to the likely direction for the day as can the pre-market price action which often sets key levels and hence is watched closely by intraday stock traders as once these levels are breached, they provide strong areas of support or resistance for the day ahead as well as offer clues as to traders sentiment ahead of the cash market open. In this session, we take a look at several stocks along with the primary index futures, currencies, and the VIX to give us a view on market sentiment and risk.
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