So What we want to see.. as bulls, is high buy side Level 2 data.
Big Limit orders on the bid side. 50-100K...
and you want to see that follow the market up... if it goes up.
Wednesday, April 8, 2009
Level 2 data
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So we want to see a lot of bids... even though they are a penny or two lower than the last sale. Right?
Even if we have a ton of ask two or three cents above the last sale, this is still bearish?
http://starwealth.blogspot.com/
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