In our March 13 blog, we stated that knowledgeable investors pay attention to volume; most investors rarely check it. A steeply increasing volume of trading, whether the markets are rising or falling, is a powerful indicator of the strength of the market move.
The chart above shows that on Friday, March 13, the S&P 500 started dropping around 2:45 PM on steeply rising volume.
On the following market day, Monday, March 16, a Vox headline stated The Dow Jones had its biggest point drop in history Monday. In this market, Monday Morning Millionaire Program members pulled in more money in one day than ever before! How did they do it?